Vietnam
QR and wallets, converging fast.
- Currency
- VND
- Settlement
- T+0
- Methods
- 5
The market
Vietnam moved from cash to QR and wallet payments quickly. MoMo is the largest wallet by a distance, and VietQR has made bank-account payment as simple as scanning — which is steadily eroding the case for cards.
What we would tell you
Lead with MoMo and VietQR. Merchant interest in accepting digital payment rose sharply through 2026, so consumer familiarity is no longer the constraint.
- Population
- ~101 million
- Digital payment adoption
- ~41%
- MoMo user growth
- +18% YoY, 40M+ users
Moving value out
Materially constrained
Collecting here is not the hard part. This rating describes repatriation.
Capital movement is controlled and outward settlement requires documented, permitted purpose. This is one of the harder corridors in the region for repatriation.
Methods
5 local methods in Vietnam.
5 move money in both directions.
- MoMoWalletin · out
- VietQRQR schemein · out
- Napas Bank TransferBank transferin · out
- ZaloPayWalletin · out
- ViettelPayWalletin · out
Bar widths indicate approximate share of local online payment volume and are shown for ordering only.
Sources
Figures marked indicative are directional and not verified against a primary source. Researched September 2026; rails and capital controls in these corridors change frequently.
Tell us where you need to get paid.
Four questions about your business and your markets. If we are a fit, a payments lead responds within one business day with the methods and indicative pricing for your corridors.
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