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MoMo Pay

Revolutionising Mobile Payments in Vietnam

MoMo Pay is a leading mobile payment platform in Vietnam. It allows users to make cashless transactions, pay bills, and manage their finances using their smartphones. Developed by M_Service, MoMo Pay has rapidly gained popularity for its convenience, versatility, and role in driving Vietnam’s digital transformation.

% of coverage
  • Country


  • Population

    98 million (as of 2023)

  • Mobile Penetration

    High, reflecting widespread mobile phone usage

% of coverage
  • MoMoPay


  • Debit/Credit Cards


  • Cash Transactions


Payment Method Overview
  • Type:Mobile Payment Platform
  • Currency:Vietnamese Dong (VND)
  • % of coverage:Expanding due to MoMoPay's growing user base and partnerships
  • Refunds:Subject to the policies of partnering merchants and financial institutions
  • Chargebacks:Possible through collaborating financial institutions, subject to terms and conditions

About payment system

MoMoPay stands as a driving force behind Vietnam’s transition to a cashless society, offering users a comprehensive mobile payment solution that integrates seamlessly into their daily lives. Users can download the MoMo app, link it to their bank accounts or cards, and enjoy a range of financial services at their fingertips.

The platform supports various transactions, including peer-to-peer transfers, utility bill payments, online purchases, and even cash withdrawals at authorized agents. To initiate a payment, users simply scan a QR code, enter a recipient’s phone number, or select a payee from their contact list.

MoMoPay’s significance is particularly pronounced in a country where mobile phone penetration is high, but traditional banking infrastructure may be less accessible. The platform bridges the gap between digital payments and financial inclusion, enabling users from all walks of life to participate in the modern economy.

MoMoPay’s commitment to security and user experience is evident in its encryption protocols, biometric authentication, and user-friendly interface. By providing a versatile and secure platform for mobile payments, MoMoPay has become a catalyst for change in Vietnam’s financial landscape, empowering individuals to embrace the benefits of digital transactions and shaping the country’s economic future.

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Payment flow

The customer selects Visa as their payment option and enters their credit card details to complete the payment.

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Pricing request

Our fare pricing is designed to bring satisfaction to both sides of our partnership. The pricing structure is tailored to your specific business type and monthly turnover. Kindly send us a request, including details about your business, and our dedicated success manager will promptly get back to you with our best offer.