Vietnam’s prepaid card and digital wallet market is poised for substantial growth, projected to increase by 26.6% annually, reaching $7.19 billion by 2025. This expansion is driven by the surge in e-commerce, government initiatives promoting cashless transactions, and innovations from fintech companies. The integration of prepaid cards with digital wallets is a key trend, enhancing transaction convenience and security for consumers. As the competitive landscape evolves, financial institutions and fintech firms are leveraging advancements in technology and the strengthening of domestic payment networks to enhance financial inclusion and reduce reliance on cash.
In other trading, Meritz Financial Group was a notable mover up 4.3% and closing at ₩123,400, hovering around its 52-week high. Meanwhile, DNB Bank lagged, down 8.8% to finish the session at NOK259.40.
SoFi Technologies settled at $21.20 up 1.1%, hovering around its 52-week high.
Visa ended the day at $347.93 down 2.2%.
PayPal Holdings closed at $71.36 down 5.7%. This week, PayPal integrated with OKX to enable seamless crypto purchases and deposits across the EEA.
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