VNPay is a popular payment method in Vietnam that allows users to make online payments via their bank account or e-wallet. This payment method is available for transactions made on websites or mobile applications, as well as for in-person payments at physical stores equipped with electronic payment terminals.
Founded in 2006, VNPay is managed by the Vietnam Payment Solution Joint Stock Company and supported by many banks and payment companies in Vietnam, making it widely accepted throughout the country.
Users can create a VNPay account by linking their bank card or e-wallet to their account. They can then make online payments by simply providing their VNPay account details at checkout, with the transaction amount debited from the user’s VNPay account.
VNPay is considered one of the most secure payment methods in Vietnam, thanks to the use of advanced encryption and data protection technologies. It is also very convenient for users, as it allows for quick and hassle-free payments without the need to carry cash.
In summary, VNPay is a reliable and convenient payment method for online and in-person transactions in Vietnam, which is widely accepted and considered secure by users and merchants.