Digital Payment - A Dream or Reality for Vietnamese in Rural and Remote Areas? : World Bank Social Protection Payments Assessment for Vietnam

The World Bank has been supporting the Ministry of Labor, Invalids, and Social Affairs (MOLISA) in their efforts to bring about reforms in the administration and efficient delivery of social security programs. Several countries have been using tech...

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Main Author:	World Bank
Format:	Report
Language:	English
Published:	World Bank, Washington, DC 2020
Subjects:	SOCIAL PROTECTION PAYMENT BENEFIT PAYMENT ELECTRONIC PAYMENT MOBILE NETWORK AGENT BANKING
Online Access:	http://documents.worldbank.org/curated/en/975371593178711751/World-Bank-Social-Protection-Payments-Assessment-for-Vietnam http://hdl.handle.net/10986/34179

id	okr-10986-34179
recordtype	oai_dc
spelling	okr-10986-341792021-05-25T09:57:34Z Digital Payment - A Dream or Reality for Vietnamese in Rural and Remote Areas? : World Bank Social Protection Payments Assessment for Vietnam World Bank SOCIAL PROTECTION PAYMENT BENEFIT PAYMENT ELECTRONIC PAYMENT MOBILE NETWORK AGENT BANKING The World Bank has been supporting the Ministry of Labor, Invalids, and Social Affairs (MOLISA) in their efforts to bring about reforms in the administration and efficient delivery of social security programs. Several countries have been using technological advances in banking as well as telecommunications to digitize and improve welfare delivery programs. Electronic payments have the potential to improve client experience and reduce program costs. Social protection (SP) and social assistance (SA), programs will benefit by moving from current models of cash disbursement to non-cash, direct-to-account electronic payment models. This report provides an assessment of the status of social protection payments in Vietnam, the legal and regulatory framework, and the technical infrastructure for electronic payments and discusses steps towards implementation of digital payment for social protection programs in Vietnam. After assessing payment infrastructure, regulatory framework, and program policies, some significant changes are proposed to enable a transition from cash to non-cash payments. There are also several next steps for MoLISA and VSS to take right away, in addition to actions needed by other key stakeholders. 2020-07-23T15:23:23Z 2020-07-23T15:23:23Z 2019-07 Report http://documents.worldbank.org/curated/en/975371593178711751/World-Bank-Social-Protection-Payments-Assessment-for-Vietnam http://hdl.handle.net/10986/34179 English CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Economic & Sector Work Economic & Sector Work :: Other Social Protection Study East Asia and Pacific Vietnam
repository_type	Digital Repository
institution_category	Foreign Institution
institution	Digital Repositories
building	World Bank Open Knowledge Repository
collection	World Bank
language	English
topic	SOCIAL PROTECTION PAYMENT BENEFIT PAYMENT ELECTRONIC PAYMENT MOBILE NETWORK AGENT BANKING
spellingShingle	SOCIAL PROTECTION PAYMENT BENEFIT PAYMENT ELECTRONIC PAYMENT MOBILE NETWORK AGENT BANKING World Bank Digital Payment - A Dream or Reality for Vietnamese in Rural and Remote Areas? : World Bank Social Protection Payments Assessment for Vietnam
geographic_facet	East Asia and Pacific Vietnam
description	The World Bank has been supporting the Ministry of Labor, Invalids, and Social Affairs (MOLISA) in their efforts to bring about reforms in the administration and efficient delivery of social security programs. Several countries have been using technological advances in banking as well as telecommunications to digitize and improve welfare delivery programs. Electronic payments have the potential to improve client experience and reduce program costs. Social protection (SP) and social assistance (SA), programs will benefit by moving from current models of cash disbursement to non-cash, direct-to-account electronic payment models. This report provides an assessment of the status of social protection payments in Vietnam, the legal and regulatory framework, and the technical infrastructure for electronic payments and discusses steps towards implementation of digital payment for social protection programs in Vietnam. After assessing payment infrastructure, regulatory framework, and program policies, some significant changes are proposed to enable a transition from cash to non-cash payments. There are also several next steps for MoLISA and VSS to take right away, in addition to actions needed by other key stakeholders.
format	Report
author	World Bank
author_facet	World Bank
author_sort	World Bank
title	Digital Payment - A Dream or Reality for Vietnamese in Rural and Remote Areas? : World Bank Social Protection Payments Assessment for Vietnam
title_short	Digital Payment - A Dream or Reality for Vietnamese in Rural and Remote Areas? : World Bank Social Protection Payments Assessment for Vietnam
title_full	Digital Payment - A Dream or Reality for Vietnamese in Rural and Remote Areas? : World Bank Social Protection Payments Assessment for Vietnam
title_fullStr	Digital Payment - A Dream or Reality for Vietnamese in Rural and Remote Areas? : World Bank Social Protection Payments Assessment for Vietnam
title_full_unstemmed	Digital Payment - A Dream or Reality for Vietnamese in Rural and Remote Areas? : World Bank Social Protection Payments Assessment for Vietnam
title_sort	digital payment - a dream or reality for vietnamese in rural and remote areas? : world bank social protection payments assessment for vietnam
publisher	World Bank, Washington, DC
publishDate	2020
url	http://documents.worldbank.org/curated/en/975371593178711751/World-Bank-Social-Protection-Payments-Assessment-for-Vietnam http://hdl.handle.net/10986/34179
_version_	1764480271550251008

Digital Payment - A Dream or Reality for Vietnamese in Rural and Remote Areas? : World Bank Social Protection Payments Assessment for Vietnam

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