9Pay Paves the Way for U.S. Fintech Integration in Vietnam's Market with Innovative Payment Solutions
In a significant leap towards modernizing payment processes, 9Pay has emerged as a pioneering force within the Vietnam International Financial Center (IFC) sandbox. This innovative framework allows participants to explore new payment technologies, and 9Pay stands out as one of the first ten firms authorized to pilot Blockchain and Stablecoin-enabled payment solutions.
A Seamless Payment Gateway
9Pay's technology enables U.S. users to make payments effortlessly by scanning local QR codes, thus eliminating the complexities of currency conversion. This Stablecoin-to-QR Payment Gateway simplifies transactions for anyone holding stablecoins or compatible e-wallets, ensuring they can engage with Vietnamese businesses without any hitch. This advancement aligns with Vietnam's digital government goals, which strive to enhance the country’s regulatory framework and tech infrastructure, particularly in Danang and Ho Chi Minh City.
Catalyzing Fintech Expansion in Vietnam
As global demand for stablecoins rises, Vietnam presents a prime opportunity for U.S. fintech companies, thanks to its digital transformation and rebound in tourism. With a remarkable 21.2 million international visitors recorded in 2025 alone, U.S. travelers form a significant demographic, representing a growing market familiar with digital assets. The GENIUS Act passed in July 2025 further catalyzed this trend, by removing regulatory barriers that hindered the adoption of stablecoins, paving the way for widespread market acceptance.
The Cost and Efficiency Benefits
This new model offers considerable advantages for both American financial services and local Vietnamese vendors. By utilizing stablecoins, businesses can bypass intermediaries, slashing foreign exchange and processing fees that typically range from 3-5%. This translates to improved cash flow, making it easier for merchants to serve their international clientele while maintaining competitive pricing.
9Pay’s Strategic Positioning
Operating under a full Intermediary Payment Services License in Vietnam, 9Pay provides a gateway for U.S. companies to penetrate the Vietnamese market without the need to establish local entities. With its notable expertise in cross-border payments, 9Pay couples regulatory compliance with technological innovation, thereby enhancing Vietnam's standing as a leading digital finance hub within Southeast Asia. With a strong emphasis on service efficiency, compliance, and the local QR code dominance, it stands poised to lead the charge for fintechs looking to expand their footprint in this high-potential market.
Looking Ahead: The Future of Payments
As Vietnam continues to evolve as a digital economy, the implications for financial services are profound. The potential for future use cases, ranging from tourism and cross-border commerce to remittances, is expansive. In collaboration with local businesses, 9Pay is not only facilitating payments, but is also shaping the future landscape of digital finance in Vietnam.
In conclusion, the intersection of strong technological frameworks and progressive regulatory environments sets a fertile ground for a collaborative ecosystem for fintech advancement. As 9Pay leads in this transformative journey, watch as it paves a new path for financial services in one of Southeast Asia’s most dynamic markets.
For more insights and updates, visit the 9Pay website.