E-wallet market in Vietnam estimated to reach 50 million users by 2024

  • People use e-wallet in An Khanh market, Ninh Kieu district, southern Can Tho province. . VNA Photo: Thanh Liêm
    People use e-wallet in An Khanh market, Ninh Kieu district, southern Can Tho province. . VNA Photo: Thanh Liêm
  • People use e-wallet in An Khanh market, Ninh Kieu district, southern Can Tho province. . VNA Photo: Thanh Liêm
    People use e-wallet in An Khanh market, Ninh Kieu district, southern Can Tho province. . VNA Photo: Thanh Liêm
  • People use e-wallet in An Khanh market, Ninh Kieu district, southern Can Tho province. . VNA Photo: Thanh Liêm
    People use e-wallet in An Khanh market, Ninh Kieu district, southern Can Tho province. . VNA Photo: Thanh Liêm
The modern e-wallet market in Vietnam is surging and is expected to reach 50 million active users by July 2024, experts said. In a report, Robocash Group said: “the modern e-wallet market in Vietnam is booming with 90% of the market falling on three wallets: Momo, Moca and ZaloPay.” The country is seeing tough competition, given that there are 40 electronic wallets in operation, the report said. VNA Photo: Thanh Liêm

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