Posts tagged: payment

Testing OnOnPay

By , August 20, 2015 11:29 am

A quick update of my opinion on online payment in Vietnam

By , May 2, 2013 4:40 pm
  • The online payment market consolidates (it is) even before penetrating mainstream buyers.
  • Online payment through credit card grows at a surprising rate. After all, Vietnamese users tend to learn more about online payment with services from banks. I personally don’t think PayPal’s model can be replicated in Vietnam, not with the power of the banks.
  • Many e-commerce sites still resist integrating online payment services because they feel their process will be jeopardized while transaction value through online payment isn’t worth it. Chicken and egg problem and they decide not to take the pain of educating users.
  • Many other e-commerce sites (e.g. Zalora & Lazada) drop NganLuong and OnePay with the same reason: transaction value through online payment isn’t worth it. Still, chicken and egg problem. I, an online payment advocate, have become frustrated.
  • We are all serious about online payment because that’s the future. But many of us have been acting like it’s a distant one indeed.

Updates on non-bank e-Payment services

By , December 7, 2011 3:31 pm
  • With over 50% transaction value on going through e-payment, Soha Pay now ranks second in the market in transaction value.
  • Soha Pay rebrands to MuaChungPay for, pragmatically, sales purpose.
  • From the e-commerce websites I have visited, I see NganLuong has been more efficient in building its merchant network compared to BaoKim. This comes as a surprise since BaoKim insists on being free to merchant and charging customers for guaranteed payment instead.
  • Payoo is expected to launch its cash-based offline payment solution with the technological and financial support from NTT Data

Also, one can use NganLuong & BaoKim to perform interbank transfer free of charge. This is how they are doing it

nganluong baokim bank

What are not "non-bank"?

The active solutions not included in this update include OnePay, Smartlink, VNBC and Banknetvn.

Being backed by banks is a tremendous advantage, putting these giants beside independent players would only dwarf the later so I am temporarily refrain from doing so.

Trends to watch in Vietnam in 2012

By , November 27, 2011 2:13 am
  1. Web games
  2. Mobile apps
  3. Consolidation of groupbuy market
  4. Flash sale
  5. Technology-backed offline payment e.g. payment devices
  6. Digital content payment
  7. Cross-border transaction


Nicky Fei has a two additions

Social apps

The shift to HTML 5 following the Adobe gave up Flash

e-Payment in Vietnam: who are with whom

By , October 30, 2011 3:23 pm

Disclaimer: all information are sourced from public information.

Category Product Company Strategic Partner Financial Partner
e-Wallet NganLuong PeaceSoft PayPal



MobiVi’ Viet Phu Experian  
BaoKim Vietnam Price (VatGia)  



Payoo VietUnion NTT Data Saigon Invest
Soha Pay (MuaChung Pay) VCCorp   IDGVV
vCash VinaPay



WMV WebMoney Vietnam WebMoney Russia Viet A Bank
Mobile Payment MoMo VinaPhone    
Bank switchboard Smartlink Smartlink A syndicate of banks, led by Vietcombank
VNBC VNBC A syndicate of banks, led by Dong A Bank
Banknetvn Banknetvn State Bank of Vietnam
Payment gateway OnePay   Mastercard Vietcombank
Kiosk banking Paylink     Kosto Group
FPT Pay   FPT Online  

Spreading the word for BarCamp Hanoi 2009

By , April 10, 2009 12:59 pm

BarCamp Hanoi

Barcamp Hanoi 2009 will be held on April 19, from 8.30 AM to 5.00 PM at RMIT International University, Hanoi campus – 2/2C Van Phuc Compound, Kim Ma street, Hanoi.

Topics may include, but are not limited to: online services, social media, startups, UI design, entrepreneurship, VC, Web 2.0 technologies, online marketing, online advertising, online payment, e-commerce, open source software, hardware hacking, robotics, mobile computing, bioinformatics, programming languages, even the future of technology or global issues.


As a part of the community building process, we’re looking for people to help spread the word about the event.


* Add a badge to your websites or blogs (
* Write blog entries about Barcamp and Barcamp Hanoi 2009 (What is Barcamp?, Information about Barcamp Hanoi 2009, Sponsor for Barcamp Hanoi,…)
* Spread information about Barcamp Hanoi 2009 to people who may concern, maybe via IM, Discussion groups, Email, Twitter, Facebook,…

That would help us alot and make Barcamp Hanoi even more successful.

Thank you so much, we greatly appreciate what you do for Barcamp Hanoi.


Hội thảo công nghệ mở Barcamp Hanoi 2009 sẽ được tổ chức vào ngày 19/4, từ 8.30 sáng đến 5.00 chiều tại trường Đại học Quốc tế RMIT, cơ sở Hà Nội – 2/2C khu Ngoại giao đoàn Vạn Phúc, đường Kim Mã, Hà Nội.

Chủ đề không giới hạn, có thể bao gồm: Dịch vụ trực tuyến, social media, startups, thiết kế giao diện người dùng, entrepreneurship, Đầu tư mạo hiểm, Các công nghệ Web 2.0, marketing trực tuyến, quảng cáo trực tuyến, thanh toán trực tuyến, thương mại điện tử, phần mềm mã nguồn mở, hardware hacking, robotics, mobile computing, bioinformatics, các ngôn ngữ lập trình, công nghệ tương lai, các vấn đề toàn cầu…


Là một phần của quá trình xây dựng cộng đồng, rất mong các bạn giúp đỡ quảng bá sự kiện này đến những người quan tâm.


* Thêm phù hiệu Barcamp Hanoi vào website hay blog của bạn. (
* Viết blog về Barcamp Hanoi (Barcamp là gì?, Thông tin về Barcamp Hanoi 2009, Tài trợ cho Barcamp Hanoi,…)
* Gửi địa chỉ trang web này và giới thiệu với những người có thể quan tâm, có thể qua Yahoo! Messenger, Email, Forum, Twitter, Facebook,…

Việc này sẽ giúp những người tổ chức rất nhiều và làm cho sự kiện thành công hơn nữa.

Cảm ơn các bạn, chúng tôi thật sự rất cảm kích những gì bạn làm cho Barcamp Hanoi.

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