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Vision 2030 plans increase share of electronic payments to 70% of all transactions by 2025

The Vietnamese card payments market is expected to grow by 23.8% to reach VND859.2 trillion (US$37.6 billion) in 2022.

Business Scoop provides news and views on Business and Markets from New Zealand

iTWire Square to buy Afterpay Global payments provider Square is set to buy Australia’s buy now pay later platform Afterpay in a deal which values the company at $39 billion. Widespread media reports, including by the national broadcaster the ABC this morning, report that Square is planning to takeover Afterpay in a deal that would be the biggest takeover in Australian sharemarket history.  The deal is expected to close in the first three months of next year. Square is run by Twitter co-founder and American billionaire technology entrepreneur and philanthropidst Jack Dorsey. D...

10 Mar 2021 Buy now and pay later all set to disrupt e-commerce payments in APAC, says GlobalData Posted in Banking Buy now and pay later (BNPL) has emerged as a viable credit option for e-commerce purchases in Asia-Pacific (APAC) as several payment companies are now offering this service, says GlobalData, a leading data and analytics company. An analysis of GlobalData's E-Commerce Analytics reveals that the APAC e-commerce market is set to grow at a compound annual growth rate of 17.6% from US$1.2 trillion in 2016 to US$3.6 trillion in 2023. Ravi Sharma,...