NasdaqGS:SOFI
NasdaqGS:SOFIConsumer Finance

This Week In Digital Payment - Vietnam's Cashless Economy Set for Rapid Growth

Vietnam's prepaid card and digital wallet market is poised for substantial growth, projected to increase by 26.6% annually, reaching $7.19 billion by 2025. This expansion is driven by the surge in e-commerce, government initiatives promoting cashless transactions, and innovations from fintech companies. The integration of prepaid cards with digital wallets is a key trend, enhancing transaction convenience and security for consumers. As the competitive landscape evolves, financial institutions...