How Vietnamese E-Commerce Stores Can Accept Crypto Payments

The bitcoin sector and the e-commerce market in Vietnam are coming together at an astonishing rate. The country has become one of the most active retail cryptocurrency markets in the world, with more than 17 million bitcoin holdings and yearly transaction volumes over $100 billion. More and more Vietnamese e-commerce businesses are looking into how to accept cryptocurrency payments as digital assets become more and more crucial to current financial systems.

Businesses in Vietnam are starting to recognise the benefits of taking bitcoin payments, even though the laws are hard to understand. These include speedier settlements, lower transaction costs, and a broader, more tech-savvy consumer base.

Crypto Adoption and E-commerce Growth in Vietnam

Vietnam is one of the greatest destinations in the world to trade cryptocurrencies. Over 20% of people hold digital assets. The country's cryptocurrency market was worth more than US$220 billion in 2025, a 55% increase from the year before. The ecosystem is doing well, as shown by daily trading volumes of over USD 600 million. This is because of things like easy access, low remittance costs, and the acceptance of play-to-earn gaming models.

The e-commerce business in Vietnam is also rising. By 2027, revenues are estimated to reach US$44 billion, up from US$25 billion presently. Vietnam is an excellent area for e-commerce blockchain payments because more than 96% of people who shop online use their phones. Businesses and online outlets in Vietnam could go digital faster if they start accepting cryptocurrency payments.

Regulatory Environment: From Ban to Controlled Integration

Vietnam's laws about cryptocurrency have been "in the dark" for a long time. The State Bank of Vietnam still insists that enterprises can't utilise Bitcoin or USDT as real money; therefore, they can't officially call goods or services in these currencies. But this is slowly changing.

The Law on Digital Technology Industry, which became law in June 2025, formally recognised digital assets as payment tokens, utility tokens, and security tokens. This means that regulation takes the place of prohibition.

Vietnam has set up a licensing system for cryptocurrency exchanges and a pilot program for local trading platforms, which means that licensed people can now trade cryptocurrencies in a controlled way. It's a promising indicator for the future of cryptocurrency payments that they are open, legal, and monitored for money laundering (AML) in Vietnam.

Also Read: Bangladesh’s bKash: Mobile Payments at Scale

The Best Cryptocurrency Payment Gateways in Vietnam

A variety of payment gateways that make blockchain transactions go smoothly, allowing Vietnamese e-commerce businesses to accept cryptocurrency payments.

The best ways for online stores to accept cryptocurrency payments are:

NOWPayments – NOWPayments works with many different types of cryptocurrency and links to well-known online stores.
Plisio – Plisio has customised checkout plugins and a number of low-cost methods to pay using cryptocurrencies.
Crypto.com Pay – Vietnamese businesses may effortlessly implement crypto checkout thanks to Crypto.com Pay's direct link to Shopify.
Bitget Wallet (VietQR Integration) – With Bitget Wallet (VietQR Integration), you can scan VietQR codes at stores near you and pay with USDT or USDC.
Bybit Pay – You may use Bybit Pay to pay for things online with 16 different cryptocurrencies, such as Bitcoin and stablecoins.
Pay with Moon – Pay with Moon lets you use cryptocurrencies to buy products on well-known online retailers, such as Tiki, a Vietnamese marketplace.
XaiGate – XaiGate helps local businesses work together and lets people pay with stablecoins.
ForumPay – You can pay with any Bitcoin wallet and get cash back with ForumPay.
PayID19 – PayID19 helps businesses that are trusted to perform modest cryptocurrency transactions without having to go through the whole KYC process.
B2BinPay – B2BinPay provides reliable merchant account services and inexpensive solutions to turn bitcoin into cash.

Helpful Tip: A lot of these gateways let businesses use USDT and USDC stablecoins to pay. This makes the prices of cryptocurrencies less likely to change.

Transfi: Simplifying Crypto Checkout Integration

Transfi Checkout has become a popular solution for Vietnamese online store owners to accept cryptocurrency payments that are safe, legal, and work.

Online businesses can use Transfi Checkout to:

Accept a variety of cryptocurrencies, such as Bitcoin, USDC, and USDT.
Customers should be able to pay using cryptocurrency with only one click.
Change bitcoin payments to VND if the law lets you.
Take advantage of compliance that meets company standards, fast payments, and prices that are easy to understand.

Transfi is great for adding bitcoin to Vietnamese e-commerce since it emphasises making it easy for merchants to sign up and being flexible with the rules. Transfi helps online retailers accept cryptocurrency payments so they can serve customers who prefer cryptocurrencies without having to deal with the legal or technological issues that come with blockchain payments.

Right now, try Transfi Checkout or get in touch with a professional for help with a specific implementation.

How to Set Up Crypto Payments for Your E-commerce Store in Vietnam

This is a step-by-step guide for Vietnamese businesses on how to accept bitcoin payments:

Choose a Payment Gateway: Pick a Vietnamese cryptocurrency payment gateway that works with the platform you already use, such as Shopify, WooCommerce, Magento, and so on.
Set Up a Secure Wallet: You need a Bitcoin merchant account or wallet to safely accept and handle your payments.
Enable Crypto Checkout Integration: You may add cryptocurrency payment buttons straight to your website's checkout page by turning on Crypto Checkout Integration and using the APIs or plugins that are available.
Inform Customers: At checkout, let customers know which cryptocurrencies you accept (Bitcoin, USDT, and USDC).
Prefer Stablecoins: Use stablecoins like USDT or USDC to pay for things, so you don't have to worry as much about how volatile cryptocurrencies are.
Ensure Compliance: Know Vietnam's laws governing digital assets and make sure that significant transactions satisfy AML/KYC rules.

How People in Vietnam Use Crypto in Real Life

Many individual sellers on Tiki and Shopee are looking to explore peer-to-peer solutions and off-chain bitcoin payments through wallets, notably for expensive items sold to buyers outside of the country.

IT Freelancers and Agencies: More and more Vietnamese IT organisations and freelancers are taking USDT payments for contracts with companies outside of Vietnam through wallets like Bitget and Binance Pay. This lets them avoid the customary waits at the bank.

Travel and Gaming Companies: Some travel companies and blockchain-based gaming startups are leveraging stablecoin payments to speed up business dealings between countries.

VietQR + Bitget Wallet Integration: This helpful partnership shows how businesses may accept stablecoin payments by enabling customers to scan VietQR codes and pay merchants with stablecoins on different blockchains.

These illustrations highlight how blockchain payments are becoming more and more significant for businesses that sell things online and provide services. This will make them more popular in Vietnam.

Also Read: How to Use Stablecoins Safely in Vietnam (Complete Beginner’s Guide)

Advantages of Accepting Payments in Cryptocurrency

Faster Settlements: Cryptocurrency transactions happen in a matter of minutes, which speeds up the movement of cash.
Lower Costs: The costs of processing and exchanging money for overseas payments go lower.
Access to a Growing User Base: A lot of individuals in Vietnam possess cryptocurrencies, which makes it a fantastic area to do business.
Enhanced Security: Transactions on the blockchain are public and can't be hacked.
Financial inclusion: It allows businesses to help customers who can't use regular banks.

Risks and Challenges

Regulatory Restrictions: The State Bank still doesn't let people use cryptocurrencies as money; therefore, it needs to be added in a safe way.
Risk of Volatility: The value of cryptocurrencies can shift, but stablecoins decrease this risk without totally getting rid of it.
Technical Setup: Needs gateways that work well and safe wallet management.
Consumer Protection: Lawmakers are constantly looking for methods to keep people safe when they use cryptocurrency.
Requirements for compliance: Businesses need to be aware of the dangers of tax evasion and money laundering.

Future Outlook

Vietnam going from banning things to controlling them is a significant change. The Vietnamese government will start giving out licenses to bitcoin exchanges and make the categories for digital assets more explicit. This will make it safer for more companies to take payments in cryptocurrencies.

Stablecoins like USDT and USDC are likely to be the most popular ones for online stores at first because they are stable and easy to use. These tendencies, together with advances in fintech, might make Vietnam a key hub for bitcoin payments in Southeast Asian e-commerce in the next several years.

Conclusion

Vietnam has a strong chance to be innovative because both e-commerce and cryptocurrency are rising swiftly in the country. The country is still being careful when it comes to rules, but its practical approach to recognising digital assets demonstrates that it is heading towards formal integration.

Using crypto payment gateways can help e-commerce enterprises develop around the world, speed up transaction cycles, and attract a rising demographic of tech-savvy customers. Trusted platforms like Transfi Checkout can help Vietnamese stores set up innovative and compliant crypto payment options for their online stores.

As restrictions change, crypto transactions could go from being something that just a few people do to something that everyone does. People in Vietnam would do business online differently if this happened.

FAQs:

1. Is it illegal in Vietnam to pay with cryptocurrency?

Not like money. Even yet, the Law on Digital Technology Industry currently identifies digital assets, and exchange licensing is in the works.

2. How can Vietnamese businesses accept USDT or Bitcoin?

Payment gateways for cryptocurrencies like NOWPayments, Transfi, or Crypto.com Pay make it easy to send and receive BTC, USDT, and USDC.

3. How do I exchange cryptocurrencies for Vietnamese Dong?

You can turn cryptocurrency into money via Transfi Checkout and other legal gateways.

4. What are the pros of utilising stablecoins to sell products online?

Stablecoins make bitcoin transactions in Vietnamese e-commerce less risky, settle faster, and cost less.

5. How can I stay safe while I get paid in cryptocurrency?

Use only trustworthy platforms for transactions, use payment processors that have been approved, and turn on two-factor authentication.

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