1. What is VietQR and How Does It Work?
VietQR (Napas 247) is the national QR code payment standard developed by Napas in collaboration with the State Bank of Vietnam. It allows users to scan a QR code with any Vietnamese Mobile Banking application to initiate an instant 24/7 bank transfer with pre-filled beneficiary information.
2. Key Benefits of VietQR for Businesses & Individuals
- Zero Manual Typing Errors: The bank code, account number, and recipient name are verified instantly.
- Instant 24/7 Settlement: Transactions are settled in 3 seconds across 50+ Vietnamese commercial banks.
- High Resolution Print Standee: Download ready-to-print PNG QR images for counters and tables.