#Vietnam #Visa #Hanoi #Cybersource #9Pay

9Pay Partners with Visa to Revolutionize Payment Processes

In a significant development for the financial technology landscape in Vietnam, 9Pay Joint Stock Company has recently established a direct partnership with Visa through CyberSource, marking a formidable advancement in cross-border payment solutions. This partnership is particularly vital as it positions 9Pay among a select group of payment intermediaries in Vietnam capable of matching international operational standards with their card infrastructure.

The union of 9Pay’s domestic processing capabilities and Visa's expansive global network creates an innovative model that streamlines payment processes. This means that international payment gateways, Payment Service Providers (PSPs), and multinational corporations can now efficiently enter the Vietnamese market. By easing market entry barriers, 9Pay supports foreign entities by facilitating compliant cash flow management without requiring them to establish a local legal presence or secure a Vietnamese payment intermediary license.

9Pay's local expertise allows them to expertly manage foreign exchange, risk, and tax considerations, such as the foreign contractor tax, offering global businesses a seamless entry into Vietnam's vibrant digital market. Moreover, this new infrastructure aims to enhance transaction approval rates and minimize cart abandonment by eliminating intermediary layers that typically slow down the payment process. End-users in Vietnam can expect a frictionless payment experience in VND, devoid of hidden currency conversion fees. Additionally, users can take advantage of existing value-added services linked to Apple Pay, Google Pay, and Click to Pay.

With this direct connection to Visa via CyberSource, 9Pay has significantly upgraded its technological capabilities, now offering a comprehensive suite of card processing services tailored to meet the diverse needs of various industries. As Visa’s Country Manager for Vietnam and Laos, Ms. Dung Dang, stated, “9Pay’s direct connection with Visa is a significant advancement that strengthens Vietnam’s ties to the international payments ecosystem.” She emphasized that this partnership is poised to enhance businesses' ability to engage customers effectively, while also promoting trust and convenience in digital transactions.

Further enhancing its value proposition, 9Pay's system optimizes support for a range of modern business models—from e-commerce and digital advertising payments to recurring subscriptions and Custom or Merchant Initiated Transactions (CIT/MIT). All operational processes are held to the stringent standards defined by PCI DSS Level 1 certification, which is recognized as the highest security standard in the global card payment industry. This commitment to security ensures that transaction data from international partners is handled with the utmost care.

Rapid deployment is another benefit 9Pay brings to businesses of all sizes through a variety of integration methods. These range from Payment Links that require no technical knowledge to more complex solutions such as Redirect, Iframe, and API models tailored for mid-sized enterprises, along with advanced host-to-host API systems that grant large corporations full technological independence.

Throughout its operations, 9Pay has demonstrated exceptional data processing capabilities, effectively managing cash flows and cross-border money transfers for multinational companies in Vietnam. These achievements were recently recognized at the 2026 Sao Khue Awards, where 9Pay was awarded for its all-in-one payment solution.

On the international stage, 9Pay has secured legal trademark protection across eleven key markets, reinforcing its brand reputation and positioning.

The long-term implications of this collaboration between 9Pay and Visa signal a transformative phase for Vietnam’s digital payment ecosystem, setting new industry benchmarks that promise to optimize costs and broaden growth opportunities for global partners eager to tap into Vietnam’s expanding digital economy.

About 9Pay

9Pay is a licensed payment intermediary based in Vietnam specializing in innovative payment solutions, including Payment Gateways, E-Wallets, 9Remit, and Collection and Disbursement services. The company focuses on bridging the gap between global enterprises and the Vietnamese digital marketplace with cutting-edge, secure financial technology. For more information, visit 9pay.vn.

About Visa

Visa is a leader in digital payments, facilitating transactions across more than 200 countries. The company strives to create a unified, secure network to connect individuals, businesses, and economies for better payment experiences. More details can be found at Visa.com.

About CyberSource

CyberSource, acquired by Visa in 2010, is a full-service payment management platform supporting over 400,000 eCommerce merchants, enhancing Visa's capabilities in online payments and fraud management. To learn more about CyberSource, visit their website.