VietQR launched to promote digital transformation in banking sector

VietQR is a common brand identity for QR code payment and transfer services processed through the network of NAPAS and member banks. — MBBank

HANOI (Vietnam News/ANN): Vietnam National Payment Corporation (NAPAS) and 14 banks on Tuesday (June 15) officially announced VietQR brand identity and Napas247 Quick Money Transfer Service by QR code.

Accordingly, VietQR is a common brand identity for QR code payment and transfer services processed through the network of NAPAS and member banks, payment intermediaries and partners both inside and outside the country. VietQR complies with EMV Co's QR payment standard and those set by the State Bank of Vietnam for QR codes.