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
+
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 | Digital wallets | |
|---|---|---|
| Channel | Online | |
| 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 |
How to integrate payment methods
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