# ViettelPay (Viettel Money)

> Source: https://docs.barcoder.ai/docs/wallets/viettelpay-money
> research date 2026-05-31 · extracted at 2026-10-07
> Publisher: Barcoder — encyclopedia of QR, barcode and payment-code standards

Specifications:
- [Viettel Money — official](https://viettelmoney.vn/)

## Overview

**ViettelPay (Viettel Money)** is **Vietnamese telecom mobile money + commercial bank** + **Viettel Vietnamese state-owned military-anchored telecom group Vietnamese Ministry of Defense parent** + **Vietnam's largest telecom-anchored mobile money + commercial banking arm** + **~22M+ Vietnamese users + global Mobile Money operations across 10+ African + ASEAN countries** <sup>[1][1], [Viet Nam report](https://docs.barcoder.ai/docs/payments/VN)</sup>.

## History

**Jun 2018 — ViettelPay launched by Viettel as Vietnamese telecom mobile money + commercial bank** distinctive Vietnamese telecom-anchored mobile money heritage.

**2021 — ViettelPay rebranded as Viettel Money + Mobile Money license award by Vietnamese government for unbanked Vietnamese**.

**2022 — Viettel Money Mobile Money services launch for unbanked Vietnamese via Viettel SIM-based payments**.

## Ownership & operator

**Operating entity**: **Viettel Money ViettelPay** (Vietnamese telecom mobile money + commercial bank; Viettel parent).

**Major shareholders**: **Viettel Group (Vietnamese state-owned military-anchored telecom group; Vietnamese Ministry of Defense parent + Viettel Telecom operations + Vietnam's largest telecom by subscribers)**.

**Regulators**: **SBV State Bank of Vietnam + Viettel Group + Vietnamese Ministry of Defense**.

## Technical integration

Viettel Money mobile app (iOS + Android; ~22M+ Vietnamese users) + viettelmoney.vn online + Viettel Money Mastercard prepaid card + Viettel retail agent network nationwide + Viettel Money SIM-based USSD Mobile Money for unbanked Vietnamese; VN IBAN + VietQR + NAPAS 247 + Mobile Money services for unbanked Vietnamese.

## Implementations & partners

**Viettel Group parent**: Viettel Group (Viettel Group; Vietnamese state-owned military-anchored telecom group; Vietnamese Ministry of Defense parent + Viettel Telecom operations across Vietnam + Cambodia + Laos + Myanmar + Mozambique + Burundi + Burkina Faso + Cameroon + Haiti + Peru + Tanzania).

**Major Vietnamese mobile wallet + payments competitors**: [MoMo (Vietnam)](https://docs.barcoder.ai/docs/wallets/momo-vietnam) (MoMo Vietnam; Vietnamese super-app mobile wallet; Vietnam's largest mobile wallet by users + transactions; ~31M+ Vietnamese users) + [ZaloPay](https://docs.barcoder.ai/docs/wallets/zalopay) (ZaloPay Vietnamese mobile wallet; VNG Corporation Vietnamese internet group; ~14M+ Vietnamese users) + VNPT Pay (VNPT Pay; VNPT Vietnamese telecom mobile money) + ShopeePay Vietnam (ShopeePay Vietnam; Sea Limited Vietnamese mobile wallet) + GrabPay Vietnam (GrabPay Vietnam; Grab Vietnamese mobile wallet) + [Vietcombank (VCB Digibank)](https://docs.barcoder.ai/docs/wallets/vietcombank) (Vietcombank; HOSE: VCB; Vietnamese state-owned commercial bank; Vietnam's largest commercial bank by assets) + [BIDV (BIDV SmartBanking X)](https://docs.barcoder.ai/docs/wallets/bidv) (BIDV Bank for Investment and Development of Vietnam; HOSE: BID; Vietnamese state-owned commercial bank) + [VietinBank / VietinBank iPay](https://docs.barcoder.ai/docs/wallets/vietinbank) (VietinBank; HOSE: CTG; Vietnamese state-owned commercial bank) + [Techcombank](https://docs.barcoder.ai/docs/wallets/techcombank) (Techcombank; HOSE: TCB) + [MB Bank (Military Commercial Joint Stock Bank)](https://docs.barcoder.ai/docs/wallets/mb-bank) (MB Bank Military Commercial Joint Stock Bank; HOSE: MBB; Vietnamese commercial bank; Vietnamese military-anchored) + [NAPAS 247 + VietQR](https://docs.barcoder.ai/docs/wallets/napas-247) (NAPAS 247 + VietQR Vietnamese national instant payments + QR payment scheme).

**Regulators**: SBV State Bank of Vietnam + Viettel Group + Vietnamese Ministry of Defense.

## Status

**Active, Vietnamese telecom mobile money + commercial bank + Viettel Vietnamese state-owned military-anchored telecom group Vietnamese Ministry of Defense parent + Vietnam's largest telecom-anchored mobile money + commercial banking arm + ~22M+ Vietnamese users + global Mobile Money operations across 10+ African + ASEAN countries** <sup>[1][1], [2][2]</sup>.

## Sources

[1]: https://viettelmoney.vn/ "Viettel Money — official"
[2]: https://en.wikipedia.org/wiki/Viettel_Money "Viettel Money — Wikipedia"
[vn-cro]: https://docs.barcoder.ai/docs/payments/VN

- [1] [Viettel Money — official][1]
- [2] [Viettel Money — Wikipedia][2]
- <sup>[Viet Nam report](https://docs.barcoder.ai/docs/payments/VN)</sup> In-corpus: `reports/countries/VN-vietnam.md`

## Source

Biography extracted from [viettelpay-money.md](https://docs.barcoder.ai/source/wallets/viettelpay-money). See `matrix.md` for standards-support matrix if present.