Payment methods in Vietnam

Asia

9methods

15banks

Vietnamese buy US$13 billion worth of goods and services online every year, rising to US$24 billion by 2027.

Market takeaways

Vietnamese buy US$13 billion worth of goods and services online every year, rising to US$24 billion by 2027.
Online shoppers in Vietnam buy around US$5 billion worth of online purchases from online merchants in other countries.
Online shoppers in Vietnam use alternative and digital payment methods in more than 70% of all online transactions.
Some of the most popular digital payment methods in Vietnam include the mobile wallet MoMo, a range of bank-transfer apps, and cash on delivery.
The Vietnamese buy 51% of all their online purchases using a mobile device, compared to 65% across the whole region.

Population

99.5M

Online population

85.6M

B2C e-commerce

$13B

Banked population

42%

Credit card population

E-commerce of total retail

Payment method breakdown

Card27%
Cash18%
Bank Transfer21%
E-Wallet31%
Other3%

Card scheme breakdown

Visa7%
Mastercard6%
American Express0%
Local schemes87%
Other1%

Cross-border e-commerce

Market data coming soon.

Featured payment methods in Vietnam

Popular options based on coverage and prominence in this market.

ShopeePay

ShopeePay is the in-app and online wallet of the Shopee marketplace, among the most-used wallets across Southeast Asia. Operator: Shopee / Sea Limited. Est. users: Tens of millions across SEA (2025).

TrueMoney

TrueMoney is Ascend Money's multi-country Southeast Asian e-wallet, the most widely accepted wallet in Thailand. Operator: TrueMoney Co., Ltd. (Ascend Money). Est. users: 17 million+ active in Thailand (2025).

MoMo

MoMo is Vietnam's largest e-wallet with 31M+ users under the State Bank of Vietnam, used for online checkout, bills and public services. Operator: M-Service JSC (MoMo). Est. users: 31 million+ users (2025).

ZaloPay

ZaloPay is a leading Vietnamese e-wallet linked to the Zalo app, regulated by the State Bank of Vietnam and used for online payments. Operator: Zion JSC (VNG / Zalo). Est. users: 20 million active users (2025).

VNPay

VNPay is a major Vietnamese QR-based payment platform integrated into dozens of bank apps and used at online checkout. Operator: VNPay (VNLIFE). Est. users: Tens of millions of users (2025).

VietQR

VietQR is Vietnam's interoperable national QR standard from NAPAS, standardizing QR payments across 40+ banks. Operator: NAPAS (National Payment Corp. of Vietnam). Est. users: Tens of millions of users (2025).

All payment methods in Vietnam

Discover 9 payment methods from around the world

Showing 9 of 9 payment methods

Featured banks in Vietnam

Major institutions operating in this market.

Maybank

Kuala Lumpur, Malaysia

Maybank is Malaysia's largest bank and one of Southeast Asia's top financial groups, with a strong ASEAN franchise offering retail, SME, corporate, and Islamic banking.

UOB (United Overseas Bank)

Singapore

UOB is Singapore's third-largest bank with a strong pan-Asian network covering ASEAN markets, offering retail, SME, and corporate banking.

Bangkok Bank

Bangkok, Thailand

Bangkok Bank is Thailand's largest bank by assets, offering retail, SME, and corporate banking with a strong regional network across ASEAN.

CIMB Bank

Kuala Lumpur, Malaysia

CIMB Bank is Malaysia's second-largest bank and a leading regional bank across ASEAN, offering retail, SME, corporate, and Islamic banking.

KB Kookmin Bank

Seoul, South Korea

KB Kookmin Bank is South Korea's largest bank, part of KB Financial Group, offering retail, corporate, and investment banking.

Shinhan Bank

Seoul, South Korea

Shinhan Bank is part of Shinhan Financial Group, one of South Korea's leading banks with retail, corporate, and investment banking operations across Asia.