Deploying cross-border payment service via QR code between Vietnam and China

On December 2, the National Payment Corporation of Vietnam (NAPAS) in collaboration with UnionPay International (UPI), Industrial and Commercial Bank of China (ICBC), and Joint Stock Commercial Bank for Foreign Trade of Vietnam (Vietcombank) announced bilateral retail payment connection via QR code between Vietnam and China.

Delegates perform the ceremony to announce the bilateral retail payment connection via QR code between Vietnam and China. Photo: Contributor

In the initial phase of implementation, Chinese tourists can scan the VIETQRGlobal code to pay at payment acceptance points, including shopping malls, shopping areas, tourist attractions, restaurants and retail stores in Vietnam.

In particular, with a network of leading retail, FnB, and travel brands such as the supermarket system of Center Retail Vietnam Group, Highland Coffee chain, and payment acceptance units of the Sun World ecosystem.

Connecting bilateral payment services via QR codes between Vietnam and China will help Vietnamese businesses attract a large number of Chinese visitors; at the same time, bring a fast, convenient and safe payment experience to tourists.

Chinese tourists scan VIETQRGlobal code to pay in Vietnam. Photo: Contributor

According to the plan, in early 2026, NAPAS and UPI will continue to complete the reverse payment connection, allowing Vietnamese users to scan QR codes using payment applications of NAPAS member organizations to make payments at payment acceptance units in the UnionPay network in China.

The two-way deployment will create a complete cross-border QR payment ecosystem, fully serving the consumption, travel, work and transportation needs of people in the two countries.

In the roadmap to deploy cross-border payment services using QR codes, VIETQRGlobal was chosen as the official name so that international visitors to Vietnam can easily identify payment acceptance points.

Source: https://hanoimoi.vn/trien-khai-dich-vu-thanh-toan-xuyen-bien-gioi-qua-ma-qr-giua-viet-nam-va-trung-quoc-725414.html