Vietnam · Account Transfer · Est. 2015
Vietnam's 24/7 instant interbank transfer system operated by the National Payment Corporation of Vietnam (NAPAS) under State Bank of Vietnam oversight. NAPAS 247 connects all major domestic banks for real-time transfers via account number, card number, or phone number. The system has been a cornerstone of Vietnam's rapid cashless payment adoption, with the government targeting 80% of adults with bank accounts by 2025. It also supports QR payments through VietQR, an interoperable QR standard similar to Thailand's PromptPay QR.
NAPAS 247 is Vietnam’s real-time payment system (Account Transfer), launched in 2015. Vietnams 24/7 instant interbank transfer system operated by the National Payment Corporation of Vietnam (NAPAS) under State Bank of Vietnam oversight.
NAPAS 247 processed 12.0 billion transactions worth $2.8tn in 2025, a year-on-year change of +34.8%.
NAPAS 247 is operated by SBV, with instant settlement.
NAPAS 247 launched in 2015, and today has 50 participating institutions.
NAPAS 247 supports QR code payments, proxy/alias lookup.
Data source: SBV/NAPAS.
| Capability | Status |
|---|---|
| QR Code Payments | ✓ |
| Wallet Support | — |
| 24/7 Availability | ✓ |
| Cross-Border | — |
| ISO 20022 | — |
| Request to Pay | — |
| Open API | ◐ |
| Alias/Proxy | ✓ |