How can foreign merchants accept local payments in Vietnam?
Usually through a payment intermediary licensed by the State Bank of Vietnam, which connects Napas cards, VietQR, wallets and installments. The SBV counted 53 licensed intermediary payment service providers in October 2025.
In detail
Usually through a payment intermediary licensed by the State Bank of Vietnam, which connects Napas cards, VietQR, wallets and installments. The SBV counted 53 licensed intermediary payment service providers in October 2025.
Payment by bank transfer in Vietnam
Bank transfers are the heart of Vietnamese payments. NAPAS connects banks through Napas 247, a 24/7 instant payment service, and through VietQR, the national QR standard that encodes an account so any banking app can pay it. In 2025, Napas 247 transfers grew 27% in volume and online payments on the NAPAS system more than 25%.
Payment by installment and BNPL in Vietnam
Card-based installment payments remain the classic way to finance phones, electronics and travel, with banks converting card purchases into monthly plans. Gateways connect both worlds: Home Credit partnered with OnePay in 2022 to bring Home PayLater installments of 1 to 12 months to online merchants. For PSPs, BNPL in Vietnam usually means integrating a licensed lender's product through a gateway, not a single dominant brand.
Payment by digital wallet and X-Pay in Vietnam
Vietnam has a crowded wallet market. The State Bank of Vietnam counted 53 licensed intermediary payment service providers, including 49 e-wallet operators, in October 2025.
More detail in our #PayWorldTour guide Payment methods in Vietnam.