

Not limited to money transfer, Momo digital wallet expands into bill payments as well as other areas like movie tickets, airline flights, etc. MoMo E-Wallet provides all smartphone users with one-touch online payment solutions with hundreds of services. AgileTech – Super App Platform Services.If you are wondering what MoMo is or how MoMo becomes a leading super wallet, here’s a look at this Vietnam mobile wallet! Providing great benefits to both customers and suppliers, MoMo super app is now common not only in Vietnam but also with top innovative fintech companies worldwide. Since the competition among e-wallets is getting stiffer, MoMo E-Wallet is making its own moves away from the overarching preference for cash in the country.

According to the State Bank of Vietnam (SBV), the value of e-wallet transactions in 2017 reached a total value of VND 53.1 trillion (USD 2.3 billion). For the time being, about 30 Vietnamese fintech companies have been granted licenses to provide intermediary payment service, mostly e-wallets. The e-wallet mobile payment is blooming in the scene, too. From 2016 to 2018, the number of fintech companies operating in Vietnam increased from 40 to nearly 100, including 26 intermediary payment service providers. According to Statista, the total transaction value in the Digital Payments segment is estimated to amount to US$10,073 million in 2020. In fact, the digital payment sector of Vietnam has seen remarkable growth lately. With a series of great deals like cashback, discounts, gift vouchers,… Momo Super App is that all-in-one application you can’t resist using! But what’s more impressive? – There is a digital wallet that has changed the face of mobile payment in Vietnam called Momo. Online payment in Vietnam was booming in 2019, especially under huge foreign capital investment in and hundreds of Fintech companies’ emergence.
