Payments
VNPay in Vietnam: what foreign sellers need to know
VNPay is a bank-backed payment gateway and QR network that lets customers pay from almost any Vietnamese bank app.
Key figures
- Usage in Decision Lab's survey, Q2 2024
- 15%
- Decision Lab, Connected Consumer survey Q2 2024 (online panel, n=1,478), share who use each digital finance platform · where we cite it
What it means for a foreign seller
VNPay is a gateway, not a wallet you top up. VNPay-QR works with the bank apps of dozens of Vietnamese banks, so one integration takes payments from customers who never installed a wallet. For the broadest coverage from a single integration, it is the common first choice.
VNPay publishes no user count for its own wallet. In Decision Lab's Q2 2024 survey, 15% of the online panel said they use VNPAY. Its strength is reach through bank apps rather than its wallet.
Our merchant comparison gives an indicative fee of ~1.5–2.2%, which varies by rail and contract. QR and bank-rail payments are often cheaper than card or wallet-funded ones. Confirm the rate card and settlement terms with VNPay directly.
Many merchants start with VNPay plus MoMo, then add ZaloPay only if their volume justifies a third integration.
This profile only repeats figures already sourced on the linked pages; it is not a company filing or an endorsement. Spot a change? Tell us.