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Home / Glossary / MoMo

Payments

MoMo

Vietnam's largest e-wallet by user base, with approximately 30 million users. Known for its extensive agent network and rewards ecosystem.

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Payments
Platforms

Related terms in Payments

VietQR A standardized QR code system for payments in Vietnam, enabling interoperability between banks and e-wallets f…
E-wallet Digital payment applications that store funds electronically. Major examples in Vietnam include Momo, ZaloPay,…
BNPL (Buy Now Pay Later) A short-term financing option allowing consumers to purchase items and pay in installments, often interest-fre…
ZaloPay An e-wallet integrated with Zalo, Vietnam's most popular messaging app, enabling social payments and transfers…
Agent Network A physical network of small shops and merchants that accept deposits and withdrawals for e-wallet services, cr…
Neobank Digital-only banks without physical branches. Examples in Vietnam include Timo, Cake by VPBank, and LiveBank, …

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