Users
25MVietQR |
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VietQR encodes recipient details for Vietnamese bank-account transfers through NAPAS FastFund 247. Customers scan a code in a participating banking app to populate payment information, reducing manual account entry while the banking service executes the transfer between accounts.
Use cases:
Channels:
Initiation:
Markets
1TPV
$1.1BTransactions
39MEstimated Monthly Usage, Aurato Research, November 2026
Capabilities
Payments can be initiated using QR codes; customers can approve payments using online banking and the payment app. Customers can use the method for in-person purchases. Interoperability stays within the same scheme or payment rail.
Markets
Schemes
PSPs
Compliance
Regulator
State Bank of Vietnam
