NAPAS affirms its position as a national payment infrastructure, contributing to realizing the goal of developing a digital economy.

The National Payment Corporation of Vietnam (NAPAS) has just successfully organized the 2025 Member Organization Conference. This is an annual event for NAPAS and Member Organizations (MOUs) to review the cooperation results over the past year, and at the same time orient development strategies for the next phase. The conference is also an opportunity to honor units with outstanding contributions to the overall growth of the payment network.

Attending the conference were representatives of the State Bank of Vietnam (SBV), including Mr. Pham Anh Tuan - Director of the Payment Department, Mr. Le Hoang Chinh Quang - Director of the Information Technology Department, along with 65 TCTVs, NAPAS Board of Directors and specialized departments.

The conference raised issues about the domestic economic context and trends in the electronic payment market. According to the Government's policy, innovation and digital transformation are the focus to realize the goal of developing the national digital economy. In particular, electronic payment is not only a modern transaction method but also plays a driving role in promoting economic activities, contributing to improving productivity and efficiency of the entire market.

In the coming time, the electronic payment sector will continue to have many opportunities for breakthrough growth, but also pose challenges in terms of safety, security and competitiveness. In response to this requirement, NAPAS affirms its pioneering role in applying new technology, deploying solutions to ensure a stable, safe and smooth operating system, meeting the increasing payment needs of people and businesses.

Representatives of units attending the NAPAS Member Organization Conference 2025

The year 2025 marks many new steps forward in NAPAS's operations. Accordingly, the NAPAS system recorded a growth rate of 23.7% in quantity and 8.7% in transaction value compared to 2024. On average, the system processes more than 32 million transactions/day. In particular, the fast money transfer service via VietQR code continues to lead the growth rate. As of October 2025, nearly 90 million accounts used Mobile Banking of banks to scan VietQR codes. In the first 10 months of the year, transactions via VietQR code increased by more than 52% in quantity and 85% in value compared to the same period in 2024. In particular, the continuous operation rate of the NAPAS system reached 99.997% , exceeding the commitment, affirming its stable and safe operating capacity.

Also in 2025, NAPAS has completed the implementation of many key projects, typically upgrading technical standards for money transfer and payment services via QR codes to help improve quality and expand services quickly and effectively; deploying the NAPAS digital payment platform to bring a convenient, safe and consistent payment experience to users on all platforms. NAPAS has also officially launched the NAPAS Tap and Pay mobile payment solution on Android operating system devices and Apple Pay on Apple devices, while standardizing and expanding the VIETQRPay payment service for domestic payments and VIETQRGlobal for cross-border payments. NAPAS has completed QR code payment connections with Thailand, Cambodia and Laos.

Chairman of NAPAS Board of Directors presents award to Techcombank representative

In particular, in early December 2025, NAPAS will coordinate with UnionPay to officially deploy QR code payments between Vietnam and China, allowing Chinese customers to pay at payment acceptance points in Vietnam. In the coming time, NAPAS will continue to expand connections to other countries such as Singapore, Korea, Japan, India, etc., aiming to build a seamless QR code payment solution from domestic to cross-border, convenient with reasonable costs for people and tourists to Vietnam.

In parallel with focusing on developing modern payment solutions, NAPAS focuses on ensuring transaction safety. In 2025, NAPAS deployed a tool to warn of suspected fraudulent transactions for payment institutions, based on data from the State Bank of Vietnam's SIMO system and data from the Ministry of Public Security. At the same time, it coordinated with the Banking Association to issue a Fraud Prevention Handbook, supporting banks in handling suspicious transactions, contributing to protecting users and promoting cashless payment habits.

Speaking at the conference, Mr. Nguyen Quang Hung - Chairman of the Board of Directors of NAPAS emphasized: “NAPAS is always steadfast in its goal of ensuring a stable, safe and smooth payment infrastructure, while constantly innovating to meet the increasingly diverse payment needs of people and businesses. The positive results in 2025 were achieved thanks to the companionship, support and close cooperation of the TCTVs. In the coming time, NAPAS hopes to continue to receive cooperation to build a safe - modern - widely connected digital payment system, reaching the region, to best serve the people and businesses of Vietnam.”

By 2026, NAPAS will expand the deployment of key services such as VIETQRPay, VIETQRGlobal, Tap and Pay, etc.; promote cross-border payment connections with countries in the region; increase the application of new technologies, ensure system safety and improve user experience.

NAPAS General Director presents awards to representatives of Vietcombank, MB and Sacombank

The 2025 Member Organization Conference is not only an opportunity to summarize the achievements of the past year, but also demonstrates NAPAS's commitment to accompanying TCTVs, promoting innovation, expanding cooperation and developing a comprehensive digital payment ecosystem. With the above outstanding achievements, NAPAS continues to affirm its position as a national payment infrastructure unit, contributing to realizing the goal of developing Vietnam's digital economy.

Also within the framework of the Conference, NAPAS held a ceremony to honor member organizations with outstanding contributions in 2025. In particular, the 2025 Outstanding Bank Award went to Techcombank for its great contributions to the system and network. The Outstanding Bank Award went to Vietcombank, MB and Sacombank.

Source: https://thoibaonganhang.vn/napas-khang-dinh-vi-the-ha-tang-thanh-toan-quoc-gia-gop-phan-hien-thuc-hoa-muc-tieu-phat-tien-kinh-te-so-174046.html