QR, mobile payments on the rise, ATM usage declines
Hanoi, April 9 -- Hanoi (VNS/VNA) - Cashless payments have recorded impressive growth from the beginning of this year, with many transaction channels increasing by over 30%, showing a clear shift in consumer payment behaviour, according to data recently released by the State Bank of Vietnam (SBV).
The SBV's figures show that cashless transactions increased by over 40.7% in volume and 13.4% in value in the first two months of 2026, compared to the same period last year.
Several payment channels saw strong growth. Internet payments rose by 73.1% in volume and 28.1% in value; mobile phone payments increased by 34.4% in volume and 10.5% in value; and QR code transactions grew by 20.2% in volume and 12.6% in value.
Meanwhile, transactions c...
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