Payment via mobile phones: Being handy and economical

In addition to reading newspapers, watching movies, now many other useful services, such as conducting banking transactions, booking movie tickets, buy plane tickets, paying bills... may be done on mobile phones. Mobile phone is not only an ordinary communication mean but also a new attractive channel for businesses, banks to connect with customers to provide online payment services.

Payment via mobile phones has increasingly favored by customers, due to its convenience and rapidness. Photo: The signing ceremony to launch electric bill payment service via BankPlus on mobile of Viettel Binh Duong

Simple and easy to use

Due to their work, it is difficult for Ms. Nguyen Thi Hoa (Phu Loi Ward, Thu Dau Mot City) and her husband to pay monthly electricity bills. Ms. Hoa shared: "My husband goes to work in early morning by company bus in HCMC. Therefore, previously, we have to beg our neighbors to make electricity bill payment for us. Since Viettel Binh Duong introduced electric bill payment service via mobile phone, my wife and I just sat at home, make a few simple actions to pay electricity bills".

Along with the explosion of smart devices and 3G mobile phones, mobile phone payment service allow customers to make transactions with banks on mobile devices anywhere, any time quickly, safely without direct payment as before. Therefore, Viettel Mobile (Viettel) quickly launched BankPlus service. BankPlus is the cooperation between Viettel and banks through an built-in application on cell phone’s sim card, which allows customers to conduct banking transactions quickly, safely and conveniently anytime, anywhere .

With BankPlus service, customers may check their bank account (account balance, transaction history); transfer money or pay and prepaid or postpaid telecom charges of Viettel with many attractive deals. This application is compatible with all mobile phone models and is done quickly within a maximum of 30 seconds. The safety of banking transactions performed on customer's mobile phone is also guaranteed, when password is entered two times to determine the transaction. Thus, mobile phone payment service is simple, easy to use, has high security and safety to users.

Diverse services

Recently, Viettel has partnered with the Joint Stock Commercial Bank for Investment and Development of Vietnam (BIDV) to launch BIDV Smart Banking service. With this service, BIDV customers can easily perform their transactions quickly, conveniently and at anywhere. Users can make online payments directly on the mobile screen, such as payment of electricity bills, airfare, tuition, TV ...

Along with mobile payment solutions, recently, Jetstar Pacific Airline in collaboration with OnePay, Vinaphone and M - Service allows passengers can book tickets and make payment at any place through electronic wallet MOMO (mobile money) installed on mobile phone. Through MoMo, users can perform transactions, such as money transfers, bill payment anytime, anywhere safely and simply with low cost. This technology is deployed for Vinaphone subscribers, in the coming time, Jetstar Pacific will deploy this service to mobile subscribers of other networks...

Experts assessed, after cash and ATM cards, payment via mobile phone would be an inevitable trend in the future. Mobile payment not only helps users to make convenient payments, but also gives them an easier life, because payment of most daily living costs are simplified, bringing more convenience to users.

Reported by Khanh Vinh – Translated by Ngoc Huynh