ZaloPay e-wallet, developed by VNG Corportion, aims to open about 1,000 new points of sale in 2018, according to Phan Thanh Thao, business development director of Zalo Pay.
Hanoi (VNA) - ZaloPay e-wallet, developed by VNG Corportion, aims to openabout 1,000 new points of sale in 2018, according to Phan Thanh Thao, businessdevelopment director of Zalo Pay.
Run by ZION Company Limited, a member of the Vietnam BankingAssociation, ZaloPay enables electronic payment for bills such as electricity,water, internet and TV as well as money transfer via QR code and connectionwith bank accounts for cash withdrawals or recharge.
To date, ZaloPay is accepted at many retail chains such asThe Gioi Di Dong, FPT Shop, Vien Thong A, Nguyen Kim, Circle K, Family Mart, 7Eleven, B’s Mart, Lotte Cinema, Galaxy Cinema, BHD Cinema, Viettravel and Tiki.
Thao said that ZaloPay aims to become a popular e-walletaccepted by e-commerce websites, shopping centres and even small retailers.
During Tet (Lunar New Year) holiday, ZaloPay is implementinga service to send lucky money among users.
Pham Thong, marketing director of Zalo Pay, said thatVietnam’s mobile payment market had significant potential, given its youngpopulation and the popularity of smartphones. - VNA
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ZaloPay targets 1,000 points of sale 
