As Vietnam embraces cashless payments, cybersecurity risks emerge


Increasing cashless payments require the need for better cybersecurity. — Photo courtesy of Kaspersky.

HCM CITY (Vietnam News/ANN: Vietnam is marching towards becoming a cashless society with new methods of electronic payments being deployed widely, but security risks come hand in hand with new technologies and applications.

A study by Visa found a surge in the use of mobile wallets and payment apps in the country in recent years, with over 85 per cent of consumers having at least one of them and over 42 per cent using mobile contactless payments.

Get 30% off with our ads free Premium Plan!

Monthly Plan

RM13.90/month
RM9.73 only

Billed as RM9.73 for the 1st month then RM13.90 thereafters.

Annual Plan

RM12.33/month
RM8.63/month

Billed as RM103.60 for the 1st year then RM148 thereafters.

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Vietnam , cashless , payments , cyberssecurity

   

Next In Aseanplus News

Two teenagers, 15 and 16, arrested for involvement in rash bicycle prank in Singapore's Queenstown
Indonesia counter-terrorism agency mulls parole for former militant leaders
Cricket - Date for India Pakistan Champions Trophy match set for Feb 23 in Dubai
Goodies for 2025 - Thai cabinet approves handouts, minimum wage increase and tax breaks, PM says
Any attempts to incite racial discord must be avoided, says Anwar
HK singer Jeannie Ng confirms breakup with billionaire heir Justin Ma
Mekong River Commission seeks to promote disaster management, strengthen regional cooperation
Cricket-India to play Champions Trophy matches in Dubai
Dreaming of a white Christmas? It’s a dream ever more likely to be dashed in warming world
Indonesia probes ex-Leader Megawati’s close aide for graft; officer is top suspect in bribery case

Others Also Read