9Pay Connects Indian Travelers To Seamless Qr Code Payment Experiences In Vietnam

Following the Vietnamese Government's official launch of the International Financial Center (IFC) in Danang, 9Pay is demonstrating its strategic prowess in driving digital adoption and serving as a vital link between local and international payment ecosystems.

Strategic Move
- Following the launch of the International Financial Center (IFC) in Danang (Dec 2025), 9Pay is positioning itself as a key player in bridging local and international payment ecosystems.
- The first phase of its strategy focuses on digital travel solutions, with QR code payments and stablecoin transactions as primary projects under the IFC’s sandbox framework.

Impact on Indian Travelers
- Vietnam welcomed 746,480 Indian arrivals in 2025, a 48.9% year-on-year surge, making India one of its top 10 source markets.
- Indian tourists often face high foreign exchange fees and limited local payment options.
- With 9Pay’s solution, travelers can now use their UPI-enabled apps or e-wallets to scan QR codes at merchants in Danang—bringing the convenience of India’s advanced digital ecosystem abroad.

9Pay’s Capabilities
- Holds a full Intermediary Payment Services License and a foreign currency receipt/payment license from the State Bank of Vietnam.
- Six years of experience in cross-border financial solutions, enabling international merchants to operate in Vietnam without setting up a local entity.
- Piloting stablecoin and blockchain-based payments to optimize cash flow and reduce operational costs.

Why It Matters
- For Indian travelers: seamless, contactless, and cost-effective spending in Vietnam.
- For Vietnam: strengthens its position as a regional leader in digital payments and enhances its appeal as a top-tier travel destination.
- For fintechs: opens a “golden era” to tap into Vietnam’s 100 million-strong market through transparent blockchain infrastructure.

This initiative makes Vietnam not just a destination for tourism, but also a showcase of next-gen financial innovation for cross-border travelers .