Momo Wallet, a prominent digital wallet and mobile payment service in Vietnam, empowers users to securely store, transfer funds, execute payments, and settle transactions for various goods and services.

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With a user base exceeding 31 million (~32% vietnam population), it showcased substantial growth, recording an impressive 18% year-on-year increase in revenue, totaling US$355 million, accompanied by a remarkable 45.7% surge in gross profit. According to insights from Tech in Asia, MoMo's prowess contributes significantly to Vietnam's digital economy, which is poised to achieve a gross merchandise value of US$45 billion by 2025, as indicated in the latest e-Conomy SEA report.

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On a daily basis, MoMo's payment system efficiently processes over 1,000,000 transactions, reflecting its widespread adoption and reliability in facilitating financial activities. The e-Conomy SEA report further underscores MoMo's dominance in the Vietnamese e-wallet landscape, revealing that the super app has secured an impressive 68% market share within the fintech sector, solidifying its leadership position.

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Discover the untapped potential of MoMo for international merchants through the Tazapay international payment gateway. We empower you to seamlessly integrate MoMo as a local payment option for your Vietnamese customers, enabling you to access the expansive Vietnamese market. By facilitating transactions in a manner familiar to your customers, you can elevate conversion rates and broaden your business horizons.

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Embark on a journey of possibilities with MoMo through Tazapay, taking a substantial stride towards expanding your business in the flourishing Vietnamese market.

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