Solutions for the development of online payment in Vietnam in the new context

This study analyzes statistics of reputable market research organizations on the strong growth of electronic payment types, significant increases in the number of smart mobile devices and the number of payment application users, and the Internet costs in order to present the current online payment development in Vietnam. The study also points out challenges for the development of online payment in Vietnam. Based on the study’s findings, some solutions are proposed to facilitate the growth of online payment in Vietnam in the coming time.