MoMo, Vietnam's fintech unicorn, has joined forces with Grab Vietnam, introducing an integration that enhances the digital experience. Now, MoMo users in Vietnam can effortlessly use MoMo's payment solution within the Grab app for seamless and convenient transactions.
MoMo users who wish to pay on the Grab app can access and manage their funds from various sources on the MoMo app, including the MoMo e-wallet, linked bank accounts, and MoMo Pay Later, a 'Buy Now, Pay Later' product.
This collaboration aims to provide users with secure and trouble-free cashless payments, while also bringing the two brands closer to the daily lives of local consumers.
This integration makes MoMo available on popular platforms in Vietnam, allowing users to fulfill various everyday needs like shopping, entertainment, travel, e-commerce, insurance, and public services payments, all through a single, convenient app.
For Grab, this partnership expands the range of cashless payment options on the platform, further enhancing convenience. Grab already offers various cashless payment options, including linked cards and e-wallets provided by leading fintechs in Vietnam.
Mr. Alejandro Osorio, CEO of Grab Vietnam, expressed his enthusiasm, welcoming MoMo to the superapp platform and making cashless payments on the Grab app even more accessible. He emphasized their commitment to contributing to Vietnam's digitalization and the launch of exciting offers for users from both platforms, encouraging more MoMo users to experience Grab's services.
Mr. Nguyen Manh Tuong, Executive Vice Chairman and CEO of MoMo, emphasized the partnership's ability to provide diverse daily services, addressing the rapid digital transformation in the market and delivering greater value to users and business entities.
To celebrate the launch of MoMo as a payment option on the Grab app, early adopters using MoMo for payments will receive special benefits worth up to VND 100,000, further promoting this seamless payment solution.
