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19.7 42.9 92.5 22.5
Smartphone penetration, % Internet penetration, % Population, m Purchasing power index
Vietnam
Popular Payment Methods
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Vietnamese Payment Options

 
Online Payment Trends in Vietnam
Vietnam does not have an exceptional Internet penetration rate, however the majority of the country’s Internet users are young and enjoy shopping online. Cash is king in Vietnam, where the credit card penetration rate is remarkably low. More than half of Vietnam’s online payments are mobile payments (direct carrier billing) or prepaid cash cards.
Payment Types by Market Share
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