ViettelPay (Viettel Money)

Overview

ViettelPay (Viettel Money) is Vietnamese telecom mobile money + commercial bank + Viettel Vietnamese state-owned military-anchored telecom group Vietnamese Ministry of Defense parent + Vietnam's largest telecom-anchored mobile money + commercial banking arm + ~22M+ Vietnamese users + global Mobile Money operations across 10+ African + ASEAN countries [1, vn-cro].

History

Jun 2018 — ViettelPay launched by Viettel as Vietnamese telecom mobile money + commercial bank distinctive Vietnamese telecom-anchored mobile money heritage.

2021 — ViettelPay rebranded as Viettel Money + Mobile Money license award by Vietnamese government for unbanked Vietnamese.

2022 — Viettel Money Mobile Money services launch for unbanked Vietnamese via Viettel SIM-based payments.

Ownership & operator

Operating entity: Viettel Money ViettelPay (Vietnamese telecom mobile money + commercial bank; Viettel parent).

Major shareholders: Viettel Group (Vietnamese state-owned military-anchored telecom group; Vietnamese Ministry of Defense parent + Viettel Telecom operations + Vietnam's largest telecom by subscribers).

Regulators: SBV State Bank of Vietnam + Viettel Group + Vietnamese Ministry of Defense.

Technical integration

Viettel Money mobile app (iOS + Android; ~22M+ Vietnamese users) + viettelmoney.vn online + Viettel Money Mastercard prepaid card + Viettel retail agent network nationwide + Viettel Money SIM-based USSD Mobile Money for unbanked Vietnamese; VN IBAN + VietQR + NAPAS 247 + Mobile Money services for unbanked Vietnamese.

Implementations & partners

Viettel Group parent: [[viettel-group]] (Viettel Group; Vietnamese state-owned military-anchored telecom group; Vietnamese Ministry of Defense parent + Viettel Telecom operations across Vietnam + Cambodia + Laos + Myanmar + Mozambique + Burundi + Burkina Faso + Cameroon + Haiti + Peru + Tanzania).

Major Vietnamese mobile wallet + payments competitors: [[momo-vietnam]] (MoMo Vietnam; Vietnamese super-app mobile wallet; Vietnam's largest mobile wallet by users + transactions; ~31M+ Vietnamese users) + [[zalopay]] (ZaloPay Vietnamese mobile wallet; VNG Corporation Vietnamese internet group; ~14M+ Vietnamese users) + [[vnpt-pay]] (VNPT Pay; VNPT Vietnamese telecom mobile money) + [[shopeepay-vn]] (ShopeePay Vietnam; Sea Limited Vietnamese mobile wallet) + [[grabpay-vn]] (GrabPay Vietnam; Grab Vietnamese mobile wallet) + [[vietcombank]] (Vietcombank; HOSE: VCB; Vietnamese state-owned commercial bank; Vietnam's largest commercial bank by assets) + [[bidv]] (BIDV Bank for Investment and Development of Vietnam; HOSE: BID; Vietnamese state-owned commercial bank) + [[vietinbank]] (VietinBank; HOSE: CTG; Vietnamese state-owned commercial bank) + [[techcombank]] (Techcombank; HOSE: TCB) + [[mb-bank]] (MB Bank Military Commercial Joint Stock Bank; HOSE: MBB; Vietnamese commercial bank; Vietnamese military-anchored) + [[napas-247]] (NAPAS 247 + VietQR Vietnamese national instant payments + QR payment scheme).

Regulators: SBV State Bank of Vietnam + Viettel Group + Vietnamese Ministry of Defense.

Status

Active, Vietnamese telecom mobile money + commercial bank + Viettel Vietnamese state-owned military-anchored telecom group Vietnamese Ministry of Defense parent + Vietnam's largest telecom-anchored mobile money + commercial banking arm + ~22M+ Vietnamese users + global Mobile Money operations across 10+ African + ASEAN countries [1, 2].

Sources

• 1 Viettel Money — official
• 2 Viettel Money — Wikipedia
• vn-cro In-corpus: reports/countries/VN-vietnam.md

Source

Biography extracted from viettelpay-money.md. See matrix.md for standards-support matrix if present.