E-wallet MoMo and ride-hailing app be team up

People could use e-wallet MoMo as a payment method when using ride-hailing app be. — Photo courtesy of MoMo

E-wallet MoMo and ride-hailing app be on Tuesday officially co-operated to provide services to customers with an aim to bring Made-in-Viet Nam products to more Vietnamese people.

Accordingly, customers could choose e-wallet MoMo as a payment method when using be ride-hailing services. It takes less than 30 seconds and doesn’t require account information or a card number. The new payment method is expected to save time and improve convenience for customers.

The co-operation of the two Vietnamese firms shows their desire to develop the market after COVID-19.

Nguyen Hoang Phuong, CEO of beGroup, said: “be has always targeted to develop an open technology ecosystem to welcome all partners. The co-operation with MoMo has also been in the orientation to complete and diversify payment methods to bring the best services to customers. In addition, the co-operation among Vietnamese companies to create a strong local business community would allow us to compete with foreign rivals.”

Nguyen Ba Diep, deputy chairman and founder of MoMo, said: “MoMo has made efforts to ensure online payments for all daily activities and transport. The co-operation with be in our ecosystem would complete our transport and tourism sectors which is our top priority for the next few years.”

The co-operation is expected to create more value in the digital payment ecosystem. This has shown the determination of MoMo and be in supporting the Government to promote non-cash payments in Viet Nam, contributing to reducing the portion of cash to less than 10 per cent by the end of this year.

Earlier, e-wallet MoMo co-operated with two leading firms in the ride-hailing and taxi sector of Uber and Vinasun. — VNS

Source: http://bizhub.vn/corporate-news/e-wallet-momo-and-ride-hailing-appbe-team-up_317565.html