VietQR
VietQR is a payment system that utilizes QR codes for electronic transactions, providing a unified platform for QR-based payments and transfers in Vietnam. It operates through the NAPAS network and member banks, offering a convenient and secure way to conduct cashless transactions. The VietQR API allows businesses to integrate QR code payment services into their systems, enabling features like transaction management, automatic notifications, and real-time cash flow reports
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Reasons for Popularity
Convenience: VietQR allows users to make cashless transactions quickly and easily by simply scanning a QR code
Integration with Multiple Banks: It allows users to make payments through various banks and e-wallets, enhancing accessibility
Cross-Border Payments: The launch of cross-border QR code payments between Vietnam and Thailand has further increased its appeal by facilitating international transaction
