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Vietnam Mobile Payment Market to Witness an Outstanding Growth during 2019-2025 - Mobivi, NganLuong, OnePay

05-26-2020 04:40 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Market Growth Insight

Mobile payment refers to payment services remotely performed through messages or mobile apps. Various mobile payment media, such as near-field communication (NFC), have been introduced to facilitate rapid money transfer. E-payment methods have been widely used in Vietnam, owing to change in customer preference from cash to digital payments and technological developments. In addition, rise in adoption of smartphones and increase in internet penetration have fostered several banks in the country to implement immediate payment services.

Get sample copy of "Vietnam Mobile Payment Market" at: https://www.marketgrowthinsight.com/sample/38727?source=shubh

Major Key Players of the Vietnam Mobile Payment Market are:
Mobivi, NganLuong, OnePay, Smartlink, Orange S.A., PayPal Holdings, Inc., Payoo, MOMO, 123Pay, and SohaPay.

Surge in need for immediate transactions in Vietnam is anticipated to be one of the major drivers of the Vietnam mobile payment market. In December 2017, Vietnam's e-payment pioneer, MoMo, signed an agreement with a U.S.-based ride-hailing company, Uber Technologies, to enable passengers to pay for rides along with utility bills, airline tickets, and online purchases using the MoMo app. Moreover, banks in Vietnams have been focusing on e-payment; for instance, Sacombank and Maritime Bank have launched their own QR code-based online payment services, which are used at stores and restaurants. Thus, growth of the e-commerce industry, increased penetration of smartphones, improvement in standard of living, and need for quick & hassle-free transactions drive the growth of the mobile payment market in Vietnam. However, data breaches & security concerns are expected to impede the market growth. Conversely, rise in awareness about mobile payment, exposure to social media, and increase in popularity of cashless payments in Vietnam are expected to present major opportunities for market expansion during the forecast period.

Major Types of Vietnam Mobile Payment Market covered are:
Proximity payment
Remote payment

By Mode Of Transaction
Short message service (SMS)
Near-field communication (NFC)
Wireless application protocol (WAP)

Major Applications of Vietnam Mobile Payment Market covered are:
Hospitality & tourism
Media & entertainment
Retail
Healthcare
Energy & utilities
IT & telecommunication
Others

Research objectives:-

- To study and analyze the global Vietnam Mobile Payment consumption (value & volume) by key regions/countries, product type and application, history data.
- To understand the structure of the Vietnam Mobile Payment market by identifying its various sub-segments.
- Focuses on the key global Vietnam Mobile Payment manufacturers, to define, describe and analyze the sales volume, value, market share, market competitive landscape, SWOT analysis, and development plans in the next few years.
- To analyze the Vietnam Mobile Payment with respect to individual growth trends, future prospects, and their contribution to the total market.
- To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).

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Table of Content

1 Report Overview
1.1 Study Scope
1.2 Key Market Segments
1.3 Players Covered
1.4 Market Analysis by Type
1.5 Market by Application
1.6 Study Objectives
1.7 Years Considered

2 Global Growth Trends
2.1 Vietnam Mobile Payment Market Size
2.2 Vietnam Mobile Payment Growth Trends by Regions
2.3 Industry Trends

3 Market Share by Key Players
3.1 Vietnam Mobile Payment Market Size by Manufacturers
3.2 Vietnam Mobile Payment Key Players Head office and Area Served
3.3 Key Players Vietnam Mobile Payment Product/Solution/Service
3.4 Date of Enter into Vietnam Mobile Payment Market
3.5 Mergers & Acquisitions, Expansion Plans

4 Breakdown Data by Product
4.1 Global Vietnam Mobile Payment Sales by Product
4.2 Global Vietnam Mobile Payment Revenue by Product
4.3 Vietnam Mobile Payment Price by Product

5 Breakdown Data by End User
5.1 Overview
5.2 Global Vietnam Mobile Payment Breakdown Data by End User

Have any query? Inquiry about report at: https://www.marketgrowthinsight.com/inquiry/38727?source=shubh

In the end, Vietnam Mobile Payment industry report specifics the major regions, market scenarios with the product price, volume, supply, revenue, production, and market growth rate, demand, forecast and so on. This report also presents SWOT analysis, investment feasibility analysis, and investment return analysis.

About Us-

Market Growth Insight 100% Subsidiary of Exltech Solutions India, is a one stop solution for market research reports in various business categories. We are serving 100+ clients with 30000+ diverse industry reports and our reports are developed to simplify strategic decision making, on the basis of comprehensive and in-depth significant information, established through wide ranging analysis and latest industry trends.

Contact Us-
Email: sales@marketgrowthinsight.com
Phone: + 91 8956767535
Website: https://www.marketgrowthinsight.com

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