Phu Yen promotes cashless payments

By the end of the first quarter of 2025, Phu Yen district has about 10,000 business households and stores applying cashless payment methods, with the rate of households and businesses making cashless payments with QR codes reaching over 40%. The rate of people using smartphones is over 96% of the population; the rate of people having bank accounts and using bank applications is over 50%. In addition to bank applications, consumers also choose e-wallet applications linked to bank accounts, such as: MOMO; Viettel Money; ApplePay...

Cashless payment brings many benefits, such as: Customers do not need to carry cash but can still shop anywhere, easily manage personal finances and pay electricity and water bills through bank accounts... Currently, in Phu Yen district, there are 3 commercial banks operating and providing financial services, ready to support households and businesses with the most convenient solutions for cashless payments.

The owner of a grocery store in Sub-area 2, Quang Huy town, instructs customers to pay without cash.

Mr. Nguyen Van Bac, Head of the Economic - Infrastructure Division of Phu Yen District, said: The Division has advised the District People's Committee to implement Decision No. 1813/QD-TTg dated October 28, 2021 of the Prime Minister on approving the Project on developing non-cash payments in Vietnam for the period 2021-2025. Focus on disseminating to the people about the benefits of non-cash payments, building the habit of not using cash.

Phu Yen - Bac Yen Electricity currently has 53.52% of customers paying their electricity bills without using cash. Thanks to that, it has reduced the pressure of collecting electricity bills for electricity employees, making it easier for people to pay electricity bills anytime, anywhere.

Phu Yen - Bac Yen Power Company staff guide customers to register to pay electricity bills via bank account.

Mr. Hoang An Toan, Deputy Director of Phu Yen - Bac Yen Power Company, said: In addition to payment via banking services, the electricity industry also implements payment via customer care applications. Customers look up information on electricity bills, power outage schedules and report power incidents in a timely manner so that we can assign technical support. However, currently, fraud and property appropriation through electricity applications are showing signs of increasing. Therefore, we warn and guide customers to identify signs of fraud. Customers can call directly to look up electricity bill information, or check directly on the customer care application.

Customers scan QR codes at a business establishment in Quang Huy town.

In Quang Huy town, most shops, businesses and consumers in the area use cashless payments. Ms. Le Thi Tham, a business owner in sub-area 2, Quang Huy town, shared: I run a fruit stall and have been using QR codes for 4 years now. I find that cashless payments are very convenient for managing the source of money for goods and payments from customers. At the end of each sales day, based on the balance fluctuations, I can count and account for the daily amount faster than adding up cash as before.

With many practical solutions, Phu Yen district is continuing to promote and guide people to use non-cash payment methods, contributing to creating convenience for banks and organizations to provide safe, secure and convenient payment products and services.

Source: https://baosonla.vn/kinh-te/phu-yen-day-manh-thanh-toan-khong-dung-tien-mat-LlmYs1ANR.html