Cross-border e-commerce for Vietnamese end users with 9Pay

1. Why Vietnam matters in cross-border e-commerce

Vietnam boasts a young, tech-savvy population with a growing appetite for online shopping. With internet and smartphone penetration on the rise, Vietnam presents a lucrative market for international merchants offering a diverse range of products.

2. Payment methods in Vietnam

Vietnam's payment landscape is diverse, offering several options for both domestic and cross-border transactions:

Local ATM cards: Vietnam's ATM network is widespread, providing a convenient method for locals to make payments. However, for cross-border transactions, there may be limitations due to international card networks and currency exchange rates.

Bank transfer service: Banks in Vietnam offer domestic and international wire transfer services, which can be used for cross-border transactions. However, these services may incur high fees and can be time-consuming due to the need for manual processing.

9Pay E-wallet: 9Pay is a popular local e-wallet in Vietnam that allows users to make payments online. It supports various payment methods, including mobile banking, QR code. 9Pay also offers cross-border payment services, making it an attractive option for foreign businesses looking to enter the Vietnamese market.

Pay-out service: For businesses that need to make payments to Vietnamese partners or end-users, a pay-out service can be a convenient option. 9Pay offers a pay-out service that allows businesses to transfer funds directly to Vietnamese bank accounts, providing a secure and efficient solution for cross-border transactions.

3. 9Pay: A local payment gateway for cross-border transactions

9Pay is a local payment gateway that offers a comprehensive solution for cross-border e-commerce in Vietnam. It provides a user-friendly interface for both businesses and customers, making it easy to process payments and manage transactions.

Some key features of 9Pay include:

• Secure and Compliant: 9Pay adheres to strict security standards and is compliant with local regulations, ensuring a safe and reliable payment experience for all users.
• Integration with Local Banks: 9Pay has partnerships with major banks in Vietnam, enabling seamless integration with local banking systems and facilitating cross-border transactions.
• Real-time Settlement: 9Pay offers real-time settlement services, allowing businesses to receive funds quickly and efficiently.
• Customer Support: 9Pay provides dedicated customer support to assist you with any queries or issues related to payments.
• Localization Expertise: 9Pay can offer valuable insights into Vietnamese consumer behavior and regulatory requirements.

Explore more: Best Payment Solutions in Vietnam for Foreign Partners

For foreign partners looking to enter the Vietnamese market and expand their cross-border e-commerce operations. By partnering with 9Pay, you gain a reliable and experienced partner for your cross-border e-commerce journey in Vietnam.

Our comprehensive payment solutions, local expertise, and commitment to security empower you to capture the vast opportunities this market holds.

Ready to unlock the potential of cross-border e-commerce in Vietnam? Contact 9Pay today to discuss your specific needs and explore how we can tailor a solution for your business.

Contact us

Hotline: 1900 88 68 32

Email: business@9pay.vn