VietQR Payments
in Vietnam
Instant VND payment via Vietnam's interoperable QR payment standard.
VietQR in Vietnam
Vietnamese Dong ยท VND
Contractor must provide their bank account number at a VietQR-participating bank.
Payment Journey
You fund in USD, stablecoin, or BTC โ your contractor in Vietnam chooses how they receive it.
Fund your Bitwage Balance
USD via wire/ACH/FedNow, stablecoin (USDC/USDT), or BTC. Fund once โ use for all payments.
Create a payment run
Add your Vietnam contractor(s) to a batch or individual payment. Set the amount in USD โ Bitwage handles everything else.
Converts & delivers via VietQR
FX rate locks at approval. Bitwage converts USD โ local currency and routes the payment via VietQR. Compliance screened automatically.
Funds arrive via VietQR
Settlement: < 30 seconds. Fees: 0.3โ0.8%. Contractor can also choose USDC, USDT, or Bitcoin instead โ they set their preference once.
How VietQR Works in Vietnam
Bitwage converts USD to VND and routes a VietQR transfer. The contractor's account is credited in under 30 seconds across all participating Vietnamese banks.
Compliance & Security
Vietnam requires foreign income declaration with the General Department of Taxation. Bitwage screens all payments against OFAC and UN sanctions lists.
The VND is managed by the State Bank of Vietnam within a narrow band. Bitwage locks the USD/VND rate at execution time.
VietQR in Vietnam FAQ
Common questions about VietQR payments, settlement, fees, and requirements.
VietQR payments to Vietnam typically settle in < 30 seconds. Bitwage locks your FX rate lock at execution time so recipients receive exactly the amount shown in the payment preview.
Bitwage charges 0.3โ0.8% for VietQR payments to Vietnam. There are no hidden per-transfer fees beyond the displayed rate. You can see the full cost breakdown before executing via our {{link:products/contractor-payments}} platform.
Contractor must provide their bank account number at a VietQR-participating bank. Bitwage validates all payment details before executing. For batch payments to multiple contractors, use {{link:products/masspay}} to upload a CSV with all recipient details at once.
Yes. With {{link:products/masspay}} you can include any number of Vietnam-based contractors in a single payment run, mixing VietQR with other local rails. All FX conversions are locked at batch payment processing execution time.
Related Resources
Start Sending VietQR Payments to Vietnam
Settlement in < 30 seconds. Fees from 0.3โ0.8%. OFAC screened on every payment.