This report presents statistics and facts on the current stage of digital payments in Vietnam. It gives an overview of the sector by providing key indicators of the country's digital payment landscape, as well as the major cashless payment methods in the country, including bank cards, internet and mobile banking, e-wallets, and other payment services. Lastly, it also demonstrates the consumer perspective in Vietnam when it comes to payments.

Table of contents

Overview

Digital payments transaction value in Southeast Asia 2023, by country and segment Digital payment transaction value in Vietnam 2018-2028, by segment Digital payment per user transaction value in Vietnam 2020-2028, by segment Most used in-store (POS) payment methods in Vietnam 2017-2023, with 2027 forecast

Key indicators

Number of domestic cashless transactions Vietnam Q1 2023, by payment type Value of domestic cashless transactions Vietnam Q1 2023, by payment type Digital payment users in Vietnam 2017-2027, by segment Most used online payment methods among Vietnamese 2022 E-commerce payment method share Vietnam 2021-2027

Bank cards

Number of bank cards in circulation Vietnam Q1 2020-Q4 2023, by quarter Quarterly number of bank cards in circulation Vietnam Q1 2020-Q4 2023, by type Value of bank card transactions Vietnam Q1 2019-Q1 2023, by quarter Number of domestic bank card transactions Vietnam Q1 2019-Q1 2023, by quarter

Internet and mobile banking

Quarterly value of domestic transactions via internet Vietnam Q1 2020-Q4 2023 Quarterly number of domestic transactions via internet banking Vietnam Q12020-Q4 2023 Quarterly value of domestic transactions via mobile banking Vietnam Q1 2020-Q4 2023 Quarterly number of domestic transactions via mobile banking Vietnam Q1 2020-Q4 2023

E-wallets

Number of mobile wallet users Vietnam 2020-2022 Revenue share of e-wallets in Vietnam 2017-2025 Most popular e-wallet brands Vietnam Q2 2024 Most used digital finance platform Vietnam Q2 2024, by generation

Other payment services

Usage of QR code payments among Vietnamese 2020-2022 Number of Buy Now, Pay Later users in Vietnam 2020-2022 Top categories purchased with BNPL plan among consumers Vietnam 2022 Number of POS/EFTPOS/EDC transactions Vietnam Q1 2019-Q1 2023 Number of mobile subscribers using Mobile Money Vietnam 2022, by month

Consumer perspective

Consumer preferences for digital versus traditional banks Vietnam 2023 Main transaction types using e-payments among respondents Vietnam 2022 Main reasons for e-payment usage among respondents Vietnam 2022 Main reasons against e-payment usage among respondents Vietnam 2022 Consumer experience with smart checkout in retail shopping Vietnam 2022