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Ecommpay adds VietQR to platform for Vietnam merchants

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Ecommpay adds VietQR to platform for Vietnam merchants

Ecommpay has added VietQR to its payments platform for merchant partners, giving them access to a payment method widely used by shoppers in Vietnam.

VietQR connects more than 2 million businesses with 50 million registered users across Vietnam and more than 60 participating banks. The network handles hundreds of millions of transactions each month.

The addition expands the range of alternative payment methods available through Ecommpay, which offers more than 100 local and global payment options. Merchants using the platform can now offer Vietnamese customers a QR-based payment option through banking apps and supported digital wallets.

For shoppers, the process allows payment from a bank account or supported Vietnamese e-wallet without entering card details or downloading another app. Payment details are shown in Vietnamese dong for review and approval.

VietQR is preferred by about 70% of shoppers in Vietnam. That matters for merchants selling across borders into the market, where local payment choice can influence whether a purchase is completed.

Transactions made through VietQR on the Ecommpay platform can be settled in EUR or USD, depending on the merchant's preference. Settlement can typically take place on the next business day, and payment status is updated once a transaction is confirmed.

The payment option is available on desktop and mobile. Under VietQR's interoperable model, merchants can display a single QR code and let customers choose whether to pay through their bank or a supported digital wallet.

Max Ryzhov, Chief Product Officer at Ecommpay, said customer payment preferences remain a key issue for online merchants.


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