NHA Trang revolutionizes tourism: cashless payments now mandatory!

NHA Trang revolutionizes tourism: cashless payments now mandatory!

in NHA Trang, province of Khanh Hoa, is a remarkable trend in the tourism industry: the implementation of cashless payment methods has increasingly established itself. On May 25th, Tuoi Tre Online reported on the new payment methods, which include QR codes and digital options. These developments promise a considerable relief for tourists who are looking for more comfort during their purchases and ticket purchases. A tourist reported that at the Ponagar Tower for two admission tickets within less than 30 seconds over a banking app.

The decision to promote cashless payments takes place under the direction of authorities such as Mr. Huynh Tan Hai, the deputy director of the Ministry of Industry and Trade of the Province, as well as Mr. Cung Quynh Anh, the deputy director of the Ministry of Culture, Sport and Tourism. The latter emphasized the importance of these payment methods for the tourism industry and emphasized that they were also of crucial importance for the safety of visitors. The NHA Trang- Khanh Hoa Tourism Association, under the direction of Mr. Pham Minh Nhut, also supports this initiative and reports of significant time and cost savings in restaurants through the use of cashless payments.

growth of cashless payments

The trend towards cashless payment methods in Vietnam is accompanied by broad acceptance among the population. According to Mastercard, the digital transformation has taken up speed in the country's banking sector. Consumers in Vietnam use digital payments faster than in many other regional markets. The State Bank of Vietnam (SBV) reported that the volume of non-bar transactions rose by 58 % in the first seven months of 2024, while the value increased by 35 %. QR code transactions even achieved an increase of almost 107 %.

This positive development towards cashless payments also includes a variety of platforms and technologies. Account-to-account transfers, e-wallets and mobile wallets are becoming increasingly popular, which is supported by the introduction of Google Pay and Apple Pay. The number of point-of-sale terminals in Vietnam grew by 33 %last year. Consumer forums show that the desire for comfort and security has a lasting impact on the trend.

cashless day and the future of digital payments

To support these trends, the Cashless Day 2025 was launched, which should raise awareness of modern payment methods and build a sustainable cashless ecosystem. Among other things, this program includes events such as the "Ting Ting Day" festival and workshops on digital payment methods. Mastercard plays a key role in this movement by working with SBV, banks and fintechs to expand the acceptance of cashless payments.

In addition, Mastercard aims to support 600,000 small, small and medium-sized companies (MSMES) in accepting digital payments via MasterCard QR. With education initiatives such as the Vietnam Cashless Day and the Vietnam Card Day, the company would like to increase awareness of cashless payments. This also happens through investments in security technologies and cooperation with the government and other actors to realize the vision of a cashless society.

in NHA Trang is thus a forward -looking development that drives both local tourism and the broader digital transformation in Vietnam. The introduction and acceptance of cashless payment methods offer a new framework for effective, safe and comfortable payment experience for tourists and locals alike.

Further information is available on the websites of vietnam.vn and vir.com.vn: vir.com.vn .

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