VNPAY and NAPAS deepen cooperation on digital payments

Feb 12th at 09:29
12-02-2026 09:29:15+07:00

VNPAY and NAPAS deepen cooperation on digital payments

VNPAY and NAPAS have agreed to expand cooperation on next-generation payment technologies, aiming to accelerate digital payment adoption and strengthen financial connectivity in Vietnam.

VNPAY and NAPAS deepen cooperation on digital payments

VNPAY and the National Payment Corporation of Vietnam (NAPAS) signed a comprehensive cooperation agreement on February 11 to jointly develop new payment technologies, share operational expertise, and coordinate the rollout of digital payment solutions aligned with evolving market trends.

Under the agreement, both parties will leverage their respective strengths to deliver more secure, flexible, and advanced payment services, supporting trade, tourism, and broader financial integration.

To lay the foundation for long-term cooperation, VNPAY and NAPAS have identified enhancing professional capabilities and developing new technologies as key pillars.

The two sides will strengthen the exchange of experience and coordinate human resource training in the field of electronic payments, aiming to standardise operational capabilities, improve the quality of the workforce, and enhance the ability to adapt to the rapid changes in the technology and financial environment.

Alongside strengthening professional capabilities, the two sides will intensify research and development efforts, as well as the application of emerging technologies, to deploy modern payment solutions.. The goal is to build highly secure, flexibly scalable systems that can respond to evolving market demands, sustainably reinforcing the digital payment infrastructure.

A central component of the partnership is the implementation of cross-border QR payments, designed to facilitate transactions for international visitors to Vietnam and Vietnamese users overseas.

The solution will initially enable tourists from markets such as Thailand, Laos, and Cambodia to use domestic payment applications at VNPAY acceptance points in Vietnam, with plans for further expansion. Vietnamese users will likewise be able to make payments via the VNPAY app at overseas acceptance points within the cooperation network.

Building on their consolidated technological foundations and resources, VNPAY and NAPAS continue to leverage each other's strengths to jointly deliver comprehensive and integrated payment services to the market. The partnership seeks to improve service quality, optimise user experience, and offer payment services at more reasonable and competitive costs for businesses and consumers.

VNPAY and NAPAS deepen cooperation on digital payments

Customers can make safe and convenient payments via VNPAY-QR code.

VNPAY researches and develops technology solutions supporting business digital transformation. Its offerings range from digital payments, e-invoicing, and digital signatures to sales management, operations, and tax declaration solutions, helping businesses implement practical and integrated digitalisation.

VNPAY’s solutions are widely used across sectors including retail and trade, hospitality, transportation, ticketing, e-commerce, and public services, serving nearly 300,000 businesses nationwide.

Meanwhile, NAPAS plays a central role in connecting and operating Vietnam’s payment infrastructure, with extensive experience in developing and managing secure, stable, and highly reliable payment services.

The collaboration between the two parties aims to develop increasingly diverse, convenient, and secure payment solutions for businesses and consumers, contributing to boosting cashless payments in Vietnam.

VIR

- 18:21 11/02/2026



NEWS SAME CATEGORY

Vantage Point Asset Management commits $10 billion to Vietnam International Financial Centre

VPAM announced a commitment to mobilise US$10 billion from global institutional investors and strategic partners for the Vietnam International Financial Centre...

Vietnam financial markets on the rise amid tailwinds

Vietnam’s anticipated upgrade to FTSE Secondary emerging market status, together with steady foreign direct investment and a robust earnings outlook, is likely to...

Vietnam’s financial sector accelerates AI adoption, but security issue remains

Financial institutions in Vietnam are accelerating the adoption of AI, but security concerns and legacy technology remain significant barriers to scaling...

SCIC general director meets with Oman Investment Authority

The State Capital Investment Corporation general director Nguyen Quoc Huy held a meeting with the working delegation of the Oman Investment Authority on February 3.

PM outlines key tasks, solutions for monetary, fiscal policy management in 2026

Prime Minister Phạm Minh Chính on February 8 signed Official Dispatch No. 12/CĐ-TTg outlining key tasks and solutions for the management of monetary and fiscal...

Wages and Lunar New Year bonuses on the rise

The average Lunar New Year bonus rose 13 per cent in 2026 as higher minimum wages and improved labour market conditions boosted incomes across state-owned, private...

Citi sharpens its focus on institutional banking

Citi boasts strength in cross-border payments and supply chain finance. Minh Ngo, newly appointed Citi country officer and banking head for Vietnam, discussed the...

Banks required to ensure operation safety during Tết

They must proactively implement plans to raise and balance their capital sources, ensuring the full and timely fulfillment of credit capital needs for production...

IFC considers $50m trade finance guarantee facility for Nam A Bank

The International Financial Corporation has proposed to guarantee investments in Nam A Commercial Joint-Stock Bank (NAB) to the tune of $50 million in total.

Bank profits enter new growth phase

Entering 2026, the general expectation of the entire banking system is not only growing faster but also more sustainably.

Bank stocks

Insurance stocks


MOST READ


Back To Top