MoMo Wallet has come a long way. Starting as a simple money transfer app, it has evolved into a “super app” with over 31 million users, leading the e-wallet market in Vietnam. But MoMo is more than just financial services. It’s actively changing how Vietnamese people spend and manage their money with a diverse ecosystem that caters to a wide range of everyday needs.
- Introducing MoMo Wallet is here
A Remarkable Transformation
Launched in 2010, MoMo initially focused on mobile money transfers. Recognizing the huge potential of Vietnam’s digital payment market, MoMo continuously expanded its ecosystem, integrating new features and services.
Today, MoMo is a “super app” with over 140,000 acceptance points nationwide, allowing users to:
- Pay anytime, anywhere: From utility bills (electricity, water, internet, cable TV) and phone top-ups to movie tickets, flights, hotel bookings, and payments at stores, restaurants, and supermarkets.
- Transfer money quickly and securely: Transfer between MoMo wallets or to bank accounts with fast speeds and low fees.
- Access financial services: Buy insurance, deposit savings, take out loans, and more, all within the app.
- Shop online: Make purchases on e-commerce platforms, websites, and shopping apps with attractive deals.
- Enjoy entertainment: Play games, watch movies, read news, and listen to music — all within the MoMo app.
Driving Cashless Payments
With its convenience and diverse services, MoMo is a major force behind the growth of cashless payments in Vietnam. The app not only saves users time and effort but also provides a secure and modern payment experience.
MoMo is also a pioneer in implementing innovative payment solutions tailored to the needs of various user groups, from urban to rural residents, and from young people to senior citizens.
Connecting Communities and Spreading Positive Values
MoMo is more than just a payment app; it’s a platform that connects communities and promotes positive values. Through promotions and social activities, MoMo contributes to improving the quality of life and bringing benefits to users and the community.
The “Super App” Vision
With its achievements, MoMo aims to become the number one “super app” in Vietnam, meeting all the essential needs of users in their daily lives.
MoMo is committed to continuous innovation, providing the best user experience, and contributing to building a modern and convenient cashless society.
Adding Fun with CLMM, MoMo has cleverly integrated entertainment elements into the app, with the prime example being the mini-game Chẵn Lẻ MoMo (CLMM). This simple prediction game has become a sensation, attracting millions of players daily. CLMM not only provides moments of fun but also increases user engagement with the app.