Vietnam's telcos gear up to launch mobile money services to tap the unbanked

Vietnam's telcos gear up to launch mobile money services to tap the unbanked

Vietnamese teleco providers such as Viettel, Vietnam Posts and Telecommunications Group (VNPT), and MobiFone are gearing up to launch ‘mobile money’ platforms in a bid to expand their operations in the burgeoning e-payment market which has a huge proportion of unbanked and underbanked people.