Some Legal Issues About Fintech in Payment Activities in Vietnam
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Creator Nguyen Minh Hang, Luong Thi Linh Chi
Title Some Legal Issues About Fintech in Payment Activities in Vietnam
Contributor -
Publisher TuEngr Group
Publication Year 2565
Journal Title International Transaction Journal of Engineering, Management, & Applied Sciences & Technologies
Journal Vol. 13
Journal No. 5
Page no. 13A5P: 1-15
Keyword Financial technology (Fintech), E-payment, Banking payment activity, Ewallet, Anti-money laundering law, Digital transaction, Modern retail payment, Online payment
URL Website http://TuEngr.com/Vol13-5.html
Website title ITJEMAST V13(5) 2022 @ TuEngr.com
ISSN 2228-9860
Abstract The term Financial technology (Fintech) is the combination of finance and technology to create new services and products in the banking sector based on information and telecommunication technology platforms. The reality in Vietnam shows that in the past few years, Fintech companies have been operating in the provision of digital financial products such as mobile wallets, peer-to-peer transfer, mobile payment, mobile banking, peer-to-peer lending, etc. Accordingly, they have been licensed to carry out payment activities and some will provide banks with technological support for modern and efficient payment services. The authors have given two main groups of solutions: Completing regulations on operation conditions of Fintech companies; and Building and developing advanced and modern retail payment infrastructure. Including some basic solutions for the development and operation of Fintech companies in Vietnam.
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