What is Vimo Wallet? Key features and fees for depositing and withdrawing money from Vimo Wallet

What is Vimo e-wallet? What are the outstanding features of Vimo e-wallet? How much is the service fee for Vimo e-wallet? In this article, FPT Shop will answer your questions about Vimo e-wallet as well as guide you on how to quickly and easily register a Vimo account.

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In the era of digital technology, online payment is becoming increasingly popular and convenient. You can shop, book tickets, transfer money, and many other services with just a smartphone. One of the online payment applications worth mentioning is Vimo wallet. So what is Vimo wallet? Let’s explore Vimo wallet through the article below.

What is Vimo wallet?

What is Vimo wallet? Vimo wallet is a leading electronic payment application in Vietnam, allowing users to make fast, convenient, and secure transactions. Vimo wallet is a product of Vimo Technology Joint Stock Company – a leading company in the field of payment technology in Vietnam.

Vimo wallet is licensed by the State Bank of Vietnam and complies with regulations on security, safety, and transparency. Vimo wallet is also integrated with reputable banks and financial institutions to provide you with the most convenient and flexible payment experiences.

What is Vimo wallet?

Key features of Vimo wallet

Vimo wallet has many outstanding features, including:

  • Top up the wallet from various sources such as bank cards, internet banking transfers, or through Vimo transaction points nationwide.
  • Pay bills, go shopping, book flights, trains, buses, taxis, cinema tickets, and many other services with just a few taps on your phone.
  • Transfer money internally for free to friends, relatives, and business partners via phone numbers, emails, or QR codes.
  • Withdraw money from the wallet to your bank account or receive cash at Vimo transaction points easily and quickly.
  • Accumulate reward points and receive attractive offers from Vimo partners such as discounts, promotions, gifts, and vouchers.
  • Ensure the security of users’ personal information and transactions through advanced encryption technology and two-factor authentication.

Key features of Vimo wallet

Vimo wallet service fees

In addition to understanding what Vimo wallet is, you should also know about the service fees of the wallet. Here are the top-up and withdrawal fees from Vimo wallet that you should not overlook.

Top-up fees

To top up your Vimo e-wallet, you can use ATMs, bank credit cards, or internet banking services. Each method has different fees as follows:

  • Using ATMs: The top-up fee per transaction is 0.55% of the total top-up amount.
  • Using bank credit cards: The top-up fee per transaction is 0.24% of the top-up amount to the wallet + 3,000 VND.
  • Using internet banking services: The fee depends on the bank you use.

Top-up fees

Withdrawal fees

To withdraw money from Vimo e-wallet, you can use methods such as bank cards, Visa cards, and ATMs. Depending on the method you choose, you will have to pay a certain fee for each transaction. The specific fees are as follows:

  • Withdrawal fee to the bank account: 1,100 VND/transaction.
  • Withdrawal fee to Visa card number or ATM card number: 0.1% – 0.2% of the total withdrawal amount/transaction.
  • Withdrawal fee to ATM: 0.2% – 0.3% of the total withdrawal amount/transaction.
  • In addition, you can also pay utility bills for electricity, water, and internet without any fees through Vimo e-wallet.

Detailed guide on how to register for a Vimo wallet account

To use the features of Vimo wallet, you need to register for an account first. The process of registering for a Vimo wallet account is simple and quick, taking only a few minutes to complete. Here is a detailed guide to the steps of registering for a Vimo wallet account for your reference:

Step 1: Download and install the Vimo e-wallet application on your mobile device. You can search for the Vimo app on the Google Play Store or the App Store.

Detailed guide on how to register for a Vimo wallet account

Step 2: Next, open the Vimo app and select the “Register” button in the top right corner of the screen. You will be redirected to an interface requesting personal information to create an account, including: Phone number, Account holder’s full name, Login password, Confirm password.

Step 3: Enter the required information and click “Continue”. Vimo will send a 6-digit verification code to the phone number you provided. You need to enter that verification code into the blank box to confirm your account.

Step 4: After successful verification, you have completed the registration of the Vimo wallet account. You can start using payment services, money transfers, mobile top-ups, flight bookings, movie tickets, etc., easily and conveniently with Vimo.

Guide to register for a Vimo wallet account

Conclusion

Hopefully, through this article, you have gained more information about the question “What is Vimo wallet?” and the outstanding features of Vimo wallet. We wish you a great experience with Vimo e-wallet! Don’t forget to follow FPT Shop every day for more useful information!

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Frequently asked questions

Vimo Wallet is a mobile payment service and e-wallet app that allows users to make online payments, transfer money, and pay bills. It is a fast, secure, and convenient way to manage your finances.

The key features of Vimo Wallet include fast and secure money transfers, the ability to pay bills and buy load, a savings account with a high interest rate, and the option to apply for a loan. It also offers a Vimo Mastercard for online and offline shopping.

To deposit money into your Vimo Wallet, you can link your bank account, use your debit or credit card, or deposit cash at a partner location. You can also receive money from other Vimo users or request money from them.

Withdrawing money from your Vimo Wallet is easy. You can transfer funds to your linked bank account, withdraw cash at a partner location, or use your Vimo Mastercard at ATMs nationwide.

Vimo Wallet charges a small fee for certain transactions, such as withdrawing money to your bank account (PHP 15 per transaction) and depositing cash at a partner location (1.5% of the transaction amount). However, sending and receiving money between Vimo users is free of charge.

Yes, Vimo Wallet prioritizes the safety and security of its users’ funds and information. It utilizes secure encryption technology and multiple layers of protection to ensure that your data and transactions are safe and secure.