9Pay powers global payment connectivity in Vietnam

HÀ NỘI — Việt Nam’s fintech sector is experiencing unprecedented momentum as the nation accelerates its digital transformation and attracts increasing investment from around the world.

With a strategic focus on embracing cutting-edge financial technology, the country is establishing itself as a dynamic hub for innovation and cross-border commerce. Leading this movement is 9Pay, a licensed fintech company by the State Bank of Vietnam, committed to bridging global and local markets through seamless, secure and regulation-compliant payment solutions built on Vietnamese ingenuity.

Despite the global economic flux, Việt Nam continues to be a beacon of growth and opportunity. Supported by political stability, a strategic geographic location and the government’s unwavering commitment to digital advancement, Việt Nam maintains a steady inflow of foreign direct investment (FDI).

Recent data from the Foreign Investment Agency shows a noteworthy 15.2 per cent increase in FDI inflows during the first nine months of 2025, underscoring investor confidence and the country’s position as a compelling destination for technology-driven enterprises. This positive economic trajectory provides fertile ground for fintech innovators like 9Pay.

As multinational corporations and local enterprises seek more efficient, transparent and compliant payment systems to operate within Việt Nam’s evolving regulatory environment, 9Pay emerges as a pioneer in facilitating this transition. Its comprehensive approach positions Việt Nam as not only a manufacturing and export powerhouse but also a leader in financial innovation.

At the core of 9Pay’s success is its profound understanding of the Vietnamese market alongside its commitment to technological excellence. The company’s suite of collection, disbursement, and payment gateway services empower businesses to manage cash flows with agility and precision.

By forging partnerships with over 50 local banks and financial institutions, 9Pay enables international firms to create Việt Nam-based virtual accounts that offer the convenience of local enterprise operations without the complexities of establishing a physical presence.

This localised payment infrastructure streamlines collection and payout processes–for e-commerce giants, online educators and service providers-enhancing customer experience while ensuring full compliance with Việt Nam’s legal and financial regulations. By simplifying cross-border transactions, 9Pay helps these enterprises unlock new opportunities within the nation's burgeoning digital economy.

One of 9Pay’s technological pillars is its Payment Orchestration Platform – an integrated system that consolidates all incoming and outgoing transactions into a single interface. This centralisation reduces operating costs by as much as 20 per cent, leveraging automation and smart routing to optimise transaction success rates, which currently stand at 99.9 per cent.

Certified with PCI DSS Level 1 standards, 9Pay’s platform exemplifies its dedication to world-class data security and system reliability, ensuring customer transactions are protected at every stage.

Amid recent changes in cross-border payment regulations, 9Pay introduced 9Remit – a compliant, transparent and fast fund transfer solution. Designed specifically for foreign-invested companies and international merchants, 9Remit facilitates effortless profit repatriation, supplier payments and payroll management.

Its features include T+0 settlement, real-time foreign exchange rates and competitive fees, all aligned with Việt Nam’s evolving regulatory landscape.

Việt Nam’s recent pilot of NDAChain – a permissioned blockchain developed by the National Data Centre in collaboration with the National Data Association – marks a significant step toward establishing a robust, transparent digital infrastructure. NDAChain aims to serve as the backbone of Việt Nam’s digital trust framework.

9Pay recognises the potential of this open, secure data ecosystem to revolutionise how transactions, payments and corridors of data are interconnected, transparent and trustworthy. By integrating these advancements, 9Pay envisions a future where every digital transaction supports a transparent, interconnected and resilient economy.

As Việt Nam transitions beyond just digitising government services, it looks toward cultivating a fully interconnected data environment that enhances economic growth, trust and regulatory oversight in the fintech landscape.

Participating in events like the Singapore FinTech Festival on November 12–14, 9Pay will showcase its comprehensive all-in-one Payment Platform at booth 4C21. The festival, the world’s largest fintech gathering, attracts industry leaders, government officials and innovators from over 130 markets, making it an ideal platform for Việt Nam’s brightest fintech solutions to shine.

Through this pavilion, 9Pay will emphasise the power of Vietnamese innovation and the country's potential to become a global leader in digital financial services. Its suite of solutions–ranging from international remittances to digital wallets, payment gateways and blockchain-driven infrastructure–signifies Việt Nam’s ascent as a fintech hub capable of competing on the world stage. — VNS

Source: https://vietnamnews.vn/economy/1729245/9pay-powers-global-payment-connectivity.html