MoMo, a Vietnam-based fintech company, has on Thursday announced that the firm now offers customers of Vietnam’s Apple Store Online flexible payment options, with the launch of monthly Instalments for Apple Store Online.

With this new feature, Vietnamese customers will have the opportunity to shop Apple’s innovative products with a wide range of accessories in a welcoming environment and
use MoMo as a flexible payment gateway, MoMo said in a statement.

Alongside a one-time payment option, customers who choose to use MoMo Instalments for Apple Store Online can also split their purchase into 6 to 24 monthly instalments with a low 20 percent downpayment and with low monthly interest rates.

“In 2019, MoMo was the first e-wallet in Vietnam to become a payment method for App Store,

“We are excited to provide more flexible payment options to Vietnamese customers when purchasing their favourite products from Apple Store Online, while helping them to more easily manage their finances,” said Do Quang Thuan, Senior Vice President in charge of the Financial Services Division at MoMo.

MoMo is a Vietnamese fintech unicorn which provides super-app and payment service.

The firm aims to improve the life of Vietnamese people and merchants by using technology to give them access to superior, simpler and affordable financial solutions and daily services.

Its super app platform is used by millions of users and merchants.

The firm has over 2,000 employees and is headquartered in Ho Chi Minh City with offices in Hanoi and Danang.

Meanwhile, Apple has on Thursday announced the expansion of the Apple Store online into Vietnam.

Customers throughout the country can now shop direct with Apple and receive exceptional service, delivered by its talented team members who are ready to share their expertise in Vietnamese, Apple said in a separate statement.

“Customers are always at the center of everything we do, and we’re thrilled to bring the Apple Store online to Vietnam,” said Deirdre O’Brien, Apple’s Senior Vice President of Retail.

“With today’s expansion, we’re proud to offer customers an incredible new way to discover and shop for our amazing products and services, connect with our knowledgable team members, and experience the best of Apple,” he said.

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