These digital platforms facilitate the transfer of funds to Vietnam. Individuals use them to remit money to family, friends, or for business purposes. A user, for example, might employ such a platform to send money to relatives in Vietnam for living expenses or educational support.
The availability of such services offers numerous advantages, including convenience, speed, and potentially lower transaction costs compared to traditional methods like banks or money transfer agencies. Historically, sending money internationally involved lengthy processes and substantial fees. These technological advancements have streamlined the process, offering more accessible and affordable options.