MoMo (digital wallet)
MoMo is the most popular digital wallet in Vietnam with over 23 million active users. Its primary product includes a mobile app that allows customers to conduct transactions directly from their mobile devices. It's accepted in over 80% of food and beverage outlets and 70% of supermarkets in Vietnam. MoMo is a must-have payment method for any business looking to expand in Vietnam.
Payment pricing
Vietnam
€0.11
+
3.0% + VND 3,650.00
Access to over 23 million users
Accept one-off and recurring payments
Refunds supported
How it works
Shopper proceeds to checkout
Shopper chooses MoMo, among payment methods available
Shopper is redirected and logs in with PIN or biometrics
Shopper confirms payment
Payment confirmed
Shopper scans the QR code on the web using MoMo app
Shopper reviews payment information from the app
Shopper confirms payment
Payment is complete
Shopper also receives payment confirmation on desktop
Features
Payment type
Channel
Available in
Asia Pacific
Vietnam
Currencies
Settlement currency
USD
Processing currency
VND
Other
Refunds
Partial refunds
Multiple partial refunds
Multiple partial captures
3D Secure
Chargebacks
Local entity required
Sales day payout
Settlement delay
4 days
Recurring
Frequently Asked Questions
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