E-Payment in Vietnam

Tài liệu tham khảo: E-Payment in Vietnam

LOGO www.themegallery.com E-Payment in Vietnam E-Payment in Vietnam Tutor: Ms. Mai Yen Nhi Group: Nguyen Thi Lan Anh Nguyen Thi Huyen Nguyen Thi Thuy To Thi Quynh Trang www.themegall ery.com LOGO Contents Opportunities for e-payment in Vn 2 Nganluong.vn 4 General info 31 Challenges for e-payment in Vn 33 Recommendations 5 www.themegall ery.com LOGO General information General information  E-payment:  Transfer $ from the buyers to the sellers through electric technology  One part of e-commerce  In VN:  E-commerce: 27.4% (2009)  E-payment: 3.2% (of 27.4% ), 96.8% of cash payment  Only 21% know about credit cards, 8% knew about the debit card and 91% know about the ATM card  > 20 million Internet users in Vietnam, only 20% have debit cards and 1% have credit cards  E-PAYMENT WILL DEVELOP IN VIETNAM? www.themegall ery.com LOGO Opportunities  Number of internet users increase  2003: 4% of population (3.1mil)  2009: 26% of population (22.5mil) www.themegall ery.com LOGO Opportunities  Increase in buying and selling online  Number of commerce websites increase • 2005: 200,000 websites • 2009:>500,000 websites  Government policy: restrict cash pmt  Prevent the money laundering  Avoid the inflation www.themegall ery.com LOGO Challenges  Payment habits of Vietnamese customers  Prefer cash payment  Lack of trust in online payment  Low E-transaction security  Limited E-payment systems  Incomplete law system of E-payment (Tax calculation)  Lack of technology & expertise Social environment and business practices are not compatible www.themegall ery.com LOGO HOW E-PAYMENT WORK IN VIETNAM? www.themegall ery.com LOGO E-payment providers  Nganluong.vn  OnePAY  DongAbank, Vietcombank …  F@st MobiPay  MobiVi  Payoo  VnMart  NetCASH – PayNet www.themegall ery.com LOGO Nganluong.vn  One of the leading products of the Peace Soft  Send & receive $ on Internet with safety, convenience, protection and dissemination  Allow abroad transaction with 39 foreign countries through eBay.vn www.themegall ery.com LOGO How nganluong.vn work  Nganluong.vn works such as electronic wallet  Each user owns a registered account for individual or business category  Such accounts are linked to a bank account  Buyers deposit $  Sellers withdraw $ [...]... Compensation insurance for buyers in nganluong.vn incase of financial loss www.themegall LOGO Recommendations  For the website:  Investigate  rate the truthfulness of sellers  Allow the buyers to rate sellers’ reliability  Have software to protect buyers’ credit card number and personal information  For the government:  Allow the companies to open bank accounts in foreign countries  Allow the information... Dominant mode of transaction  Payments will be frozen  The system will automatically transfer $ to seller within 7 days  "Immediate payment“  Sellers you trust  Sellers who are verified by Nganluong.vn as "the guaranteed sellers” www.themegall LOGO Benefits when using nganluong.vn Publicized procedures & conditions of handling complaints Obligations and responsibilities of buyers and sellers in. .. companies to open bank accounts in foreign countries  Allow the information encryption  secure the information www.themegall LOGO References  2007, “Các website thương mại điện tử hàng đầu Việt Nam” Available at URL: http://vietbao.vn/Vi-tinh-Vien-thong (Accessed on September 14th, 2010)  2010, Vietnam NetCitizens Report” Available at URL: http://www.cimigo.vn/en-US/ReportDetail.aspx?ProductId=3... trực tuyến qua NgânLượng.vn ” Available at URL: http://chodientu.vn/blog-bv-182-2 (Accessed on September 14th, 2010)   2007, “Chính phủ muốn hạn chế dùng tiền mặt” Available at URL: http://vietbao.vn/Kinh-te (Accessed on September 14th, 2010) www.themegall LOGO www.themegallery.com LOGO Q&A . LOGO www.themegallery.com E-Payment in Vietnam E-Payment in Vietnam Tutor: Ms. Mai Yen Nhi Group: Nguyen Thi Lan Anh Nguyen. for e-payment in Vn 2 Nganluong.vn 4 General info 31 Challenges for e-payment in Vn 33 Recommendations 5 www.themegall ery.com LOGO General information