Plan to boost cashless payments in Laos
VIENTIANE (Vientiane Times/ANN) – The Bank of the Lao PDR (BOL) is drafting a plan to promote cashless payments and to facilitate and manage money transactions in Laos.
Use of e-wallets through the banking system is fast becoming a trend among city dwellers. They pay their taxes, utility bills, bills for goods and services and other money transfers using their mobile phones. It is no longer necessary to stand in long queues to make these payments.
Manichanh Pansivongxay
