Top 5 Online Payment Applications Available in Vietnam
Nowadays, online payment application on the smartphone is gradually alternative for direct payment thanks to its convenience, fast and high security. In the following, we give you the top 5 best online payment applications in Vietnam which you can refer to before choosing your provider.
Founded by M-Service Online Mobile Joint Stock Company (M-Service), Momo started its launch on iOS and Android platforms in 2014, is the first App for online payment on smartphones in Vietnam.
Momo is also an official partner of most Vietnamese banks such as Vietcombank, Vietinbank, BIDV, Agribank, VPBank, Sacombank, Eximbank …; along with a number internet providers such as Viettel, Mobiphone, Vinaphone … and many businesses providing products and services such as CGV Cinemas, Lotteria, Tiki. With Momo e-wallet, users can use a bunch of online payment services such as electricity and water payment, buy phone cards, transfer money, buy movie tickets, buy goods, products, services .. … right on your smartphone.
Until now, the security and convenience Momo bringing to customers are still highly appreciated which attract a huge number of users.
Rated as one of the most developed chat applications in Vietnam today, Zalo also launched ZaloPay as an online payment application. Similar to Momo, ZaloPay allows users to make a variety of online payment services such as money transfer, bill payment, goods and services purchases… ZaloPay’s special feature is it is directly affiliated with an account at Zalo. Thereby, ZaloPay helps money transferring process quicker at work. However, ZaloPay’s network of partners and promotions is smaller than Momo which makes Momo standing at the 1st position of this list.
VTCPay is E-wallet application — Online payment gateway managed by VTC. The characteristics of VTCPay are diversified links with domestic and foreign banks, in particular, quick and easy payment with VTC services such as VTC Game. VTCPay also supports payment via 34 domestic banks and 3 international payment organizations: VISA, Master Card, JCB. Currently, VTCPay is an online payment gateway used by most gamers.
Another application of Viettel is ViettelPay. If BankPlus focuses on money transfer, balance tracking, etc., ViettelPay is built to optimize for consumer payment. ViettelPay is considered as an electronic ecosystem, helping users to spend, shop, pay daily expenses such as bill payment, utility bills payment,…
WePay is an online payment application managed by Wepay payment service Ltd. This is a Subsidiary sponsored by VC Corp — a media group that owns Channels14, Cafebiz, CafeF, Afamily, General Purchase, Admicro … WePay allows users to pay on multiple platforms with 3 criteria: fast, convenient, safe. Not only towards payers, but WePay is also aimed at sellers, helping both buyers and sellers to make quick, convenient and safe payment.
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