HCM City starts cashless programmes for bill payments

14-May-2019 Intellasia | Dti News | 6:00 AM Print This Post

The authorities in HCM City have requested local departments and agencies to carry out cashless transactions for all household bill payments including school tuition.

HCM City People’s Committee have issued a decision on how to carry out government Resolution 2 on changing the business environment to improve competitiveness and labour productivity in 2019 with view to 2021, which contains a need to push for cashless transactions.

District people’s committees were asked to have plans to carry out at least 30 percent of the administrative services online. Schools, hospitals, utility companies, postal companies and environmental companies were asked to cooperate with banks and service providers to collect bills and fees via cashless payment methods. Paying via mobile phones and POS machines are encouraged.

HCM City Power Corporation also asked their sub companies to work with banks and service providers to promote mobile and electronic payments. Their target is to double the number of people who use e-payments to pay their electricity bills in 2019. The police in HCM City will work with the Ministry of Public Security to simplify procedures and build a database about administrative violations in transport. They were ordered to collaborate with other organisations to carry out a cashless fine system.

Ho Chi Minh Social Insurance Department must also participate in the programme and encourage people to claim their pensions online. They hope to get 50 percent of the participants in urban areas to use cashless methods to receive pensions and allowances.



Category: Finance, Vietnam

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