QR payments · Asia-Pacific · On request
VNPAY QR in Vietnam
VNPAY QR is one of the payment methods in Vietnam. Payments are made in VND; the method supports pay-in; settlement: instant; chargebacks: not possible. The payments regulator in Vietnam is State Bank of Vietnam (SBV). Providers for VNPAY QR in Vietnam in the Tranzify catalogue: CoPay, VNPAY.
Key facts
- Currency
- VND (Vietnamese đồng)
- Operations
- Pay-in
- Settlement
- instant
- Chargebacks
- not possible
- Payments regulator
- State Bank of Vietnam (SBV)
Providers for VNPAY QR in Vietnam
How a payment goes through
- 1The checkout shows a QR code (or a pay-by-link on mobile)
- 2The payer scans it in any bank or wallet app and confirms
- 3The provider matches the incoming payment and confirms
- 4Webhook to the merchant; the code expires if unpaid
Other payment methods in Vietnam
| Type | Payment methods | share of e-commerce payments |
|---|---|---|
| Wallets | MoMo (Vietnam) | 35 % |
| Wallets | ZaloPay | — |
| Cards | Visa | — |
| Cards | Mastercard | — |
| Wallets | Apple Pay | — |
| Wallets | Google Pay | — |
| Wallets | PayPal | — |
Frequently asked questions
Which providers offer VNPAY QR in Vietnam?+
In the Tranzify catalogue VNPAY QR in Vietnam is offered by CoPay, VNPAY. A client connects its own account with the provider as a terminal; routing and cascading between several providers are set up in the back office.
How widely is VNPAY QR used in Vietnam?+
The catalogue has no published market share for VNPAY QR in Vietnam; the method is listed among the country's payment methods.
Which operations does VNPAY QR support in Vietnam?+
VNPAY QR supports pay-in. Settlement is instant and chargebacks are not possible; the amounts are in VND.
Who holds the licence for VNPAY QR in Vietnam?+
Tranzify is software. The licensed client, a payment institution, an acquirer or its partner, contracts with the providers and the merchants; the platform routes the payments, records them in the journal and reports them. The payments regulator in Vietnam is State Bank of Vietnam (SBV).
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