MoMoPay

Leading Vietnam’s Digital Wallet Revolution with Widespread Adoption
MoMoPay is Vietnam’s most widely used digital wallet, serving over 23 million active users. It enables convenient online shopping, bill payments, and fund transfers all through a user-friendly smartphone app, making digital payments accessible to a broad audience.
Country:
Vietnam
Population (Vietnam)
100 million (estimated)
Number of Internet users
80 million (estimated)
Popular payment methods
E-wallets, Debit Cards, Cash, Bank Transfers
Credit Card
0%
Debit Card
0%
E-Wallets
0%
Cash Payments
0%
Bank Transfers
0%
Other
0%

Type:

E-Wallet, Mobile Payment

Total Customers:

30 million users (estimated)

Currency:

Vietnamese Dong (VND)

Money transfer volume:

VND 200 trillion annually (estimated)

Coverage:

50% of Vietnam’s internet users (estimated)

Refunds:

Yes

Chargebacks:

No

Type:

E-Wallet, Mobile Payment

Total Customers:

30 million users (estimated)

Currency:

Vietnamese Dong (VND)

Money transfer volume:

VND 200 trillion annually (estimated)

Coverage:

50% of Vietnam’s internet users (estimated)

Refunds:

Yes

Chargebacks:

No

About payment system

MoMoPay plays a key role in Vietnam’s shift toward a cashless economy, delivering a robust mobile payment experience that fits seamlessly into daily routines. Through the MoMo app, users can link their bank accounts or cards and instantly access a variety of financial services.

The platform supports a broad spectrum of transactions, including peer-to-peer transfers, bill payments, online shopping, and cash withdrawals at authorized locations. Payments can be initiated easily—by scanning a QR code, entering a phone number, or selecting a contact from the app.

MoMoPay is especially impactful in regions where mobile phone usage is high, but traditional banking access remains limited. It effectively bridges the gap, providing modern financial tools to people across different socioeconomic backgrounds.

Its commitment to both security and ease of use is reflected in features like biometric login, advanced encryption, and an intuitive user interface. As MoMoPay continues to grow, it helps reshape Vietnam’s financial landscape—empowering users with digital convenience and promoting broader financial participation.

Always at your service

For issues or questions, check out our FAQ page or contact us via phone, email or contact form.

Always at your service