9Pay - The Best Payment Gateways in Vietnam

Recently, the e-commerce field is developing rapidly and constantly innovating in Vietnam. Therefore, finding a solution to quickly and safely connect consumers and businesses is one of the top concerns.

The gateway acts as a sort of interface between customers and stores, ensuring that financial information is securely transmitted.

Payment gateways offer all payment methods to your customers, suitable for businesses of all sizes, regardless of their size or industry. Whether you operate an e-commerce store, a brick-and-mortar retail establishment, a service-based business, or a subscription-based platform, effective payment processing is essential.

1. Role of Payment Gateway for Payments in Vietnam

In Vietnam, electronic payment methods are widely used and gradually become a trend in Vietnam. According to recent surveys, Vietnam's e-commerce/e-commerce industry will grow by 30% from 2022 to 2025.

A payment gateway constitutes the digital infrastructure of a website dedicated to facilitating financial transactions. Its primary objective is to facilitate the receipt of payments by the online store while ensuring that purchasers can readily access proof of payment through a unique web address. 

Serving as an intermediary between customers and online stores, the gateway plays a crucial role in securely transmitting financial information. Whether purchasing a product or service through a merchant site or app, the payment gateway takes charge of conducting secure payments, utilizing various methods such as debit/credit cards, net banking, e-wallet transactions, and cash. 

The Payment Gateway is responsible for submitting pertinent transaction responses for both orders and intermediate requests, thus contributing to a seamless and secure online payment experience.

2. Benefits of Using 9Pay Payment Gateway for Businesses in Vietnam

For e-commerce enterprises without a payment gateway in place, ponder over these six advantages and swiftly incorporate this platform into your operations. Embracing a 9Pay Payment Gateway can yield substantial benefits for your business, enhancing the efficiency and security of online transactions while fostering a more seamless and trustworthy payment experience for both your company and your customers. Therefore, it is highly recommended to explore and implement this essential tool without delay.

2.1. Payment processing for all business models

Efficient payment processing provides customers with convenient options to complete transactions, enhancing their overall experience with your business.

For online businesses, payment processing is integral to facilitating secure and instant transactions. A reliable payment gateway ensures smooth online purchases and contributes to a positive shopping experience.

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2.2. Various payment methods

9Pay Payment Gateway covers all online payment methods to help your business grow and satisfy all your customer’s needs, such as QR, credit and debit cards...

It also supports instalment payments, and you can choose whether to charge a fee for this.

2.3. Easily integrate and connect on all website and application platforms

Supports integration of both app/website and platforms: Wordpress, Woocommerce, Magento... Phone platform: IOS, Android, Windowphone. Integrating the payment gateway with the API is quick and easy. You just need to create an account with 9Pay payment gateway and get the API key.

The API is designed to be easy to use and integrate, even for businesses without much experience with the technical elements of payment connectivity.

2.4. Flexible settlement - Lowest cost payment

9Pay does not charge registration or maintenance fees. 9Pay only collects fees when the buyer successfully pays the seller. This means you will save a lot on monthly expenses during the months when sales are not good.

2.5. Increasing the number of customers and sales volume

Payment gateways facilitate online transactions by securely processing payments. Customers feel safer and sales conversion rates increase when purchases can be completed through your store's website.

In addition, the integration of 9Pay payment gateway allows Vietnamese businesses to apply financial technology to expand domestic and transaction activities.

3. Why you need 9Pay for choosing the best Payment Gateway Vietnam for your business?

3.1. Compliant with PCI-DSS, 3D-Secure, TLS

Compliance with PCI DSS Standards: 9Pay has achieved global PCI DSS security certification. We securely process all payment data and ensure that credit card information is not disclosed.

GlobalSign SSL: End-to-end encryption, ensuring the security of customer transaction information.

3D-Secure: Enhanced protection layer for users during online payments.

Risk Management System: A system that monitors and alerts to risks, preventing fraudulent and deceptive transactions.

3.2. Simplified procedures, clear terms and transparent conditions

9Pay is licensed as a payment intermediary by the state bank. The terms and conditions regarding 9Pay's payment intermediary are clearly defined according to state regulations. The information and transaction management system are transparent, detailed, and clear in every transaction.

The process of opening a Merchant account with 9Pay is entirely free, and accounts are typically approved within 1-2 business days.

3.3. Using Payment link without technical integration

Assist sellers in receiving payments from customers both domestically and collect money in the Vietnamese market for international through a single link, without the need for designing applications, websites, or investing in hardware equipment.

3.4. Integration and Compatibility with Business Systems

To address operational and management challenges in business payments, saving costs and increasing revenue, 9Pay has developed a multi-channel payment processing support system. This system enhances the efficiency of business operations and digital transformation. Multi-platform support, diverse business lines: tourism, education, e-commerce, crafts,...

We offer direct training for the personnel involved in the operation and business aspects of the enterprise on utilizing the system, online payment experience, and risk prevention.

Also read:  Top 5 Best Payment Gateway for Small Business in Viet Nam 2023

4. FAQs

4.1. Is 9Pay payment gateway reputable?

Yes, 9Pay is licensed as a payment intermediary by the Bank of Vietnam. All products of 9Pay comply with the law. Additionally, 9Pay consistently enhances service quality to become one of the leading payment intermediary solution providers, experiencing rapid growth in Vietnam.

4.2. Can foreign customers make payments by 9Pay?

Yes, if Sellers accept payments by International Cards (Visa, Master, Amex, JCB) which provided by 9Pay

9Pay is a local payment gateway that can support cross-border payment and do settlement overseas to collect the money from Vietnamese End-users/Enterprises.

4.3. Does Vietnam allow Apple Pay?

Apple Pay is now available in Vietnam, allowing users to make contactless money transactions via iPhone or Apple Watch. Vietnam is the third country in Southeast Asia to allow Apple Pay after Malaysia and Singapore. To facilitate the best experience for customers, 9Pay has integrated Apple Pay for transactions when paying for services.

In summary, a reliable and adaptable payment processing system is fundamental for the smooth operation and success of businesses across diverse models, offering benefits such as enhanced customer experience, global reach, and secure financial transactions.

Contact 9Pay JSC

Email: biz@9pay.vn

Hotline: 1900 88 68 32