Payoo provides a platform for locals to use e-wallet payment methods instead of current cash payment methods

Country: Vietnampayoo0
Year: 2008

Launched in 2008, Payoo was founded by VietUnion Online Services Corporation. Payoo is an online payment service platform for e-commerce in Vietnam. Payoo provides a platform for locals to move to e-wallet payment methods instead of current cash payment methods.

Concept

Payoo currently provides the following services:

  • Bill payment: locals can now pay for their utility bills at ease through a platform that links all utility providers together
  • Payment gateway (B2C): providing safe and convenient payment through a trustworthy platform
  • Buying online, paying in retails: reducing cash transactions by ease of transaction
  • Software development and system integration: Payoo is an all-in-one location-based solution which links many services together such as, smartcard solution for transportation, real-time transaction processing systems, intelligent sales and delivery management system, scheduling & AI planning

Consumer Benefits

  • Enhanced security: Payoo provides a safe and secure platform for transactions
  • Linked to bank account: the Payoo wallet is linked to the bank account which allows consumers to transfer funds in and out of their bank accounts
  • Convenience: improving daily cash transactions to cashless payments that saves time for consumers who have to visit the bank to draw cash
  • Lower service fee: Payoo charges a lower service fee than other current credit cards available

How To Use

For users:

  • Potential customers must apply and register with Payoo
  • After Signing up, users can instantly add funds to their wallets