What OnePay does

OnePay is a Vietnam-based payment service provider founded in 2006 and headquartered in Hanoi, with a secondary office in Ho Chi Minh City. It operates as a licensed payment intermediary under the State Bank of Vietnam (License No. 80/GP-NHNN, granted 28/12/2016) and is one of the earliest entrants in the Vietnamese digital payments market, claiming 15+ years of deployment experience.

Its core product is the OnePay Electronic Payment Gateway, delivered through Website, API, and Payment Link channels. The platform accepts international cards (Visa, MasterCard, JCB, American Express, UnionPay via 5 card association partnerships), domestic cards from 40+ Vietnamese banks covering 99.8% of local cards, major e-wallets (MoMo, ZaloPay, VNPay, Viettel Money), QR payments, and Apple Pay. Add-on modules extend the platform into in-store acceptance (UPOS Universal POS), tokenized/in-app payments, recurring billing, installment payments (0% interest), billing code aggregation across ATM/internet banking/mobile banking, and merchant-side promotions. A proprietary in-house Fraud Detection Management (FDM) system performs automated and manual transaction scanning with risk-level classification. The company also operates the OnePay Wallet consumer e-wallet application and a Collection and Disbursement (PayOut) API service for 24/7 interbank transfers.

OnePay generates revenue through transaction fees on processed payments, recurring monthly service fees, and one-time registration/onboarding fees, with pricing customized per merchant. It serves a horizontal mix of customers: 4,000+ merchants across e-commerce and online retail, physical retail via UPOS, banks and financial institutions as integration partners, and subscription-based businesses. The company maintains PCI DSS, ISO/IEC 27001:2005, and TLS certifications, and is the only firmographic data point confirming its enterprise-readiness.

Name

OnePay

Legal name

OnePay

Website

https://onepay.vn

Company type

Private

Founded year

2006

Operating status

Operating

Headcount range

101–250 employees

Short description

OnePay is a Vietnam-based licensed payment service provider (founded 2006) offering an electronic payment gateway that connects 4,000+ merchants to 40+ domestic banks, 5 international card schemes, major e-wallets, and Apple Pay across online, mobile, and in-store channels.

Ownership category

akta.pro rank

Product category

Payment Processing / Payment Gateway Services

akta.pro primary industry

Merchant Payment Gateways (API/Hosted Checkout) (FSAMACAA)

akta.pro secondary industries

Integrated Payment Processors (PSP/Acquirer) (FSAMABAA), POS, SoftPOS & In-Person Acceptance Infrastructure (FSAGABAO), A2A Checkout & Merchant Acceptance Solutions (FSAMAFAF)

Keywords

• Payment gateway services
• Electronic payment processing
• Merchant card acceptance
• E-wallet payment solutions
• POS payment terminals

Headquarters

HQ city

Hanoi

HQ country

Vietnam

HQ region

Asia

Offices2 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

Technology or R&D, Personnel, Operations, Marketing or Sales, Infrastructure

Revenue model

1. Transaction Fees: Fees charged per transaction processed through the payment gateway. This is the primary revenue stream based on payment volume.
2. Monthly Service Fees: Recurring monthly fees for maintaining payment gateway services and platform access.
3. Registration Fees: One-time fees for initial service registration and merchant onboarding.
4. Payment Collection and Disbursement Services: API-based services supporting payment collection and disbursement for business operations.
5. E-wallet Services: OnePay Wallet application providing digital wallet functionality for end consumers.

Pricing tiers

Go-to-market motion2 records

Distribution channels6 records

Marketing channels4 records

Core offering

OnePay operates an electronic payment gateway that enables Vietnamese merchants to accept international and domestic card payments, e-wallets, QR-code payments, and Apple Pay via Website, API, and Payment Link channels. The platform is anchored on Payment Intermediary Service License No. 80/GP-NHNN issued by the State Bank of Vietnam and supports more than 4,000 merchants through integrations with 40+ local banks and five international card associations.

Product overview

OnePay is a Vietnam-based payment service provider operating since 2006, offering a multi-layered payment platform centered on the OnePay Electronic Payment Gateway (core product). The platform provides three delivery channels: Website, API, and Payment Link. Supporting the core gateway are add-on modules including: Tokenization, In-App Payment, Recurring Payment, Promotion Solution, Flexible Support Tools (reporting, reconciliation, and access control), Fraud Detection Management (FDM), UPOS (Universal POS), Installment Payment, and Billing Solution. OnePay also offers a proprietary E-Wallet (OnePay Wallet app) and has integrated Apple Pay as a specialized payment method. The Collection and Disbursement Support Services (PayOut) handles B2B fund transfers. Together, these products enable merchants to accept international and domestic cards (Visa, MasterCard, JCB, American Express, UnionPay, and 40+ domestic banks), e-wallets, QR codes, and alternative payment methods across online, mobile, and in-store channels.

Differentiator

Problem solved

Functional benefit

Brands

• OnePay Wallet: Mobile e-wallet application for digital payments
• OnePay Electronic Payment Gateway
• OnePay E-Wallet
• OnePay PayOut
• OnePay UPOS

Products and services

• OnePay Electronic Payment Gateway

Quantifiable outcome

• Apps and websites enabled with Apple Pay see higher conversion rates
• +2 more outcomes

Named customers2 records

Segments4 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration7 records

AI capability1 record

Feature5 records

Partnerships

Eleven partnerships are on record, tiered core and minor.

• VisacoreTechnology or IntegrationInternational card association partnership enabling acceptance of Visa branded cards for online and in-store transactions globally.
• MasterCardcoreTechnology or IntegrationInternational card association partnership enabling acceptance of MasterCard branded cards with SecureCode protection.
• JCBcoreTechnology or IntegrationInternational card association partnership for JCB card acceptance with J/Secure authentication support.
• American ExpresscoreTechnology or IntegrationInternational card association partnership enabling American Express card acceptance with Safe Key security.
• UnionPaycoreTechnology or IntegrationInternational card association partnership for UnionPay card acceptance in Vietnam.
• 40+ Local Banks in VietnamcoreTechnology or IntegrationPartnership with major Vietnamese banks including VietinBank, Vietcombank, BIDV, Agribank, ACB, Sacombank, TPBank, and others enabling domestic card acceptance (99.8% of local cards).
• ApplecoreTechnology or IntegrationApple Pay integration partnership enabling secure, contactless payment acceptance through OnePay's platform. Supports Face ID, Touch ID authentication for enhanced security.
• Major E-wallet ProviderscoreTechnology or IntegrationPartnership with leading e-wallet providers in Vietnam enabling acceptance of MoMo, ZaloPay, VNPay, Viettel Money, and other digital wallets.
• WordPressminorChannel Partner/ Reseller/ DistributorPlatform partnership providing pre-built OnePay payment integration for WordPress-based e-commerce websites.
• MagentominorChannel Partner/ Reseller/ DistributorPlatform partnership providing pre-built OnePay payment integration for Magento e-commerce platforms.
• ShopifyminorChannel Partner/ Reseller/ DistributorPlatform partnership providing pre-built OnePay payment integration for Shopify online stores.

Scale indicators6 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• VNPay: Vietnam's largest domestic payment processor and e-wallet operator. Direct competitor offering QR payments, card processing, and merchant acquiring services across the same Vietnamese market as OnePay.
• MoMo: Vietnam's leading e-wallet super-app with 30M+ users, offering merchant payments, peer-to-peer transfers, and bill payments. Competes with OnePay on e-wallet acceptance and QR-based merchant acquiring.
• ZaloPay: Vietnamese e-wallet and payment service operated by VNG Corporation, integrated with the Zalo messaging platform. Competes directly with OnePay's e-wallet and merchant payment solutions.
• Payoo Vietnam: Vietnamese payment service provider offering bill payment, e-commerce checkout, and merchant acquiring. Comparable in scale and product breadth to OnePay in the Vietnamese market.
• Viettel Money: E-wallet and payment platform from Viettel, Vietnam's largest state-owned telecom. Competes with OnePay in merchant QR payments and e-wallet acceptance via the parent telco's distribution.
• GrabPay: Super-app payment wallet operated by Grab, present across Southeast Asia including Vietnam. Competes with OnePay on consumer e-wallets and merchant acceptance via the Grab app ecosystem.

Broad incumbents

• NAPAS (National Payment Corporation of Vietnam): State-backed national payment switch and interbank network operator in Vietnam. While not a direct competitor, it sets the underlying infrastructure and rules that OnePay must integrate with, and competes on bank-direct card processing.
• Stripe: Global payment processor and acquirer offering developer-friendly APIs for online and in-person payments. While not focused on Vietnam specifically, represents the global benchmark for PSP services that OnePay competes against for enterprise merchants.
• Adyen: Global unified commerce payment platform serving enterprise merchants. Comparable in technology architecture (single platform for online, mobile, in-store) and operates as a direct competitor for international merchants operating in Vietnam.

Regional players

• 2C2P: Regional payment processor headquartered in Thailand serving Southeast Asian markets. Comparable in product breadth (gateway, acquiring, alternative payments) and in operating across multiple Southeast Asian markets, though not Vietnam-native.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

Compliance4 records

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about OnePay