Mastercard aims to partner with Vietnam's e-wallets using fintech

Country chief says it offers global networks and personal flexibility

20201217 mastercard vietnam office

Mastercard's office in Ho Chi Minh City is perched on the 19th floor of a lotus-shaped tower. (Photo by Lien Hoang)

LIEN HOANG, Nikkei staff writer

HO CHI MINH CITY -- Most Vietnamese do not have a Mastercard, and the company says it can live with that. All it wants for now is for consumers in Asia's fastest-growing economy to give up using cash -- even if it means choosing rivals like digital wallets.

The U.S.-based company is diversifying beyond credit cards to cater to an emerging market and emerging technologies.

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