According to the organizers, the event is an opportunity to honor outstanding payment intermediary units that have made significant contributions to the national digital transformation . The award system is built and evaluated based on many criteria such as: growth, dynamism in deploying services, and close cooperation with NAPAS. In 2023, Zalopay was one of the pioneering units to cooperate with NAPAS to launch the groundbreaking Zalopay QR Multi-Purpose product (based on the VietQR standard), accepting payments from all banking applications and e-wallets. Just 6 months after its launch, by December 2023, Zalopay QR Multi-Purpose had coverage in more than 12,000 chain stores and services nationwide. 
In July 2024, Zalopay officially announced its new brand identity and introduced the latest version of its application with outstanding features such as: Payment for all services from various sources (bank transfers, international cards, Apple Pay, etc.); Zalopay Priority - a priority privilege program for members; and a set of 6 diverse financial products allowing users to flexibly use even small amounts of money. With the spirit of expanding all limits, Zalopay aims to become a multi-functional payment platform. This application also affirms its commitment to "partnering with banks" in the journey to change the cash usage habits of Vietnamese users. In 2024, Zalopay was honored as "Outstanding Fintech Company 2024" at the "Outstanding Vietnamese Bank Awards" ceremony. The Zalopay QR Multi-Purpose payment solution has also continuously received numerous titles and awards such as: "Digital transformation product and solution for the community" at the Vietnam Digital Transformation Awards (VDA) 2024, "Product of the year - Top 100 innovative products and services of 2024" announced by Investment Newspaper in collaboration with Viet Research; was honored as one of the Top 10 good Vietnamese products, for the benefit of consumers" (Good Vietnamese products - Perfect service). Zalopay is currently serving more than 14 million users with a product portfolio of more than 100 convenient services, continuously on the list of favorite payment platforms in the country. In 2023, Zalopay is the only Vietnamese representative in the Top 200 global financial technology (fintech) companies ranking announced by the American television channel CNBC. According to statistics from the State Bank of Vietnam, in the first 6 months of 2024, non-cash payment transactions increased by 60% in quantity and 35% in value compared to the same period last year. Online payments also grew strongly with 52% in quantity of transactions and 20% in transaction value compared to 2023.
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