Wallets · Available
MoMo (Vietnam)
MoMo is the e-wallet of M_Service, licensed by the State Bank of Vietnam for intermediary payment services, and the wallet most Vietnamese online shoppers reach for first: the checkout opens the MoMo app or shows a QR code, the payer confirms with a PIN or biometrics, and the provider confirms within seconds. There are no chargebacks; the flow covers pay-ins only.
Key facts
- Countries
- Vietnam
- Currencies
- VND
- Operations
- Pay-in
- Settlement
- instant
- Chargebacks
- not possible
- share of e-commerce payments · Vietnam
- 35 % (Decision Lab / MoMo, 2025)
How a payment goes through
- 1The checkout opens the wallet app or shows its button
- 2The payer confirms in the app with a PIN or biometrics
- 3The wallet confirms the payment to the provider within seconds
- 4Webhook to the merchant; a refund goes back the same way
How a payment goes through
- The checkout offers MoMo: the app opens on a phone, a QR code appears on a desktop.
- The payer confirms the amount in the MoMo app with a PIN or biometrics.
- The provider confirms within seconds; a payment not confirmed in time expires.
- Tranzify writes the result and calls the merchant’s webhook.
MoMo against cards in Vietnam
MoMo is the largest e-wallet in the country: about 35 % of online payments in 2025 (Decision Lab / MoMo). The wallet is topped up from a linked bank account or in cash at partner points, so a payer needs no card to pay.
| MoMo | Cards | |
|---|---|---|
| Who runs it | M_Service, licensed by the State Bank of Vietnam | Visa and Mastercard through local acquirers |
| Confirmation | seconds, in the app | seconds, with 3-D Secure |
| Chargebacks | none | scheme rules |
| Payer needs | the MoMo app | a card enabled for online payments |
| Payouts and refunds | not in the flow | scheme refunds |
The integration covers pay-ins only: no payouts, refunds or recurring charges through this method.
Who uses it
E-commerce and retail, digital goods and gaming, delivery and on-demand services, iGaming and betting: a Vietnamese checkout starts with the wallets, and MoMo is the one most payers already have.
How to connect
- 1Onboard with Tranzify and get your network, keys and back office.
- 2Enter your account with the provider in the terminal settings — Tranzify already speaks its API.
- 3Add routing rules: countries, currencies, amounts, BIN ranges, priorities and weights.
- 4Go live. Every payment, callback and retry is in the journal for five years.
Providers offering this method
Industries
Frequently asked questions
How does a payer pay with MoMo?+
Are payouts or refunds possible?+
Who is the licensed party in Vietnam?+
Related methods
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