Vinatti
Vinatti is a Vietnamese licensed payment technology company operating a multi-product payment ecosystem — payment gateway, electronic wallet, Quik POS smart terminals, Quik TingTing speakers, telecom top-up, and Agent Banking — serving banks, telecoms, retailers, and SMEs across 500+ payment points.
- Company typePrivate
- Founded2012
- HeadquartersHanoi, Vietnam
- Headcount11–50
- GTM typeB2B
- OfferingSoftware
What Vinatti does
Vinatti is a Vietnamese payment technology company licensed by the State Bank of Vietnam to operate as a payment intermediary service provider (Payment Intermediary Services License No. 37/GP-NHNN, dated January 2, 2018). Founded on June 7, 2012, and headquartered on Floor 5, Golden Park Tower, Pham Van Bach Street, Cau Giay Ward, Hanoi, the company is led by General Director Vu Quoc Dũng (Vũ Quốc Dũng) and Permanent Deputy General Director Phan Thanh Cao. Vinatti operates a multi-product payment ecosystem serving telecommunications providers, banks, financial institutions, retailers, small merchants, and aviation/travel operators across Vietnam, connecting 100+ banks to 500+ active payment points and processing 18,000+ billion VND annually across 50,000+ paid bills.
The core technology stack is the "Quik" product family: Quik POS, an Android-based SmartPOS device that integrates magnetic stripe, chip, contactless card, QR, and NFC payments on a single terminal; Quik TingTing, a smart transaction notification speaker with multi-bank account linking and fake-QR fraud detection; Quik hoadon 247 for billing; Quik Top-up for telecommunications recharge; Quik Booking/Paytrip (rebranded from VBooking on January 1, 2024) for travel booking; and supporting payment-infrastructure products including an online payment gateway, an electronic wallet, electronic money-transfer support, and cash collection/payment services. The platform is secured by PCI DSS Level 2 version 4.0.1 certification (obtained March 3, 2025 from CMC Cyber Security) and ISO 27001 information-security certification.
Vinatti's revenue model combines transaction-based fees (payment gateway, electronic wallet, electronic money transfer, telecom top-up commissions, cash collection/payment support) with unit hardware sales of Quik POS and Quik TingTing devices. Enterprise merchants are on custom multi-year contracts, while SMB and individual merchants buy hardware at unit-based pay-as-you-go pricing. Distribution is multi-pronged: direct enterprise sales to banks and large retailers; a Channel Partner/Reseller arrangement with Paynet for nationwide agent-network distribution; an Agent Banking channel partnership with VPBank that launched at 11 initial points in Hanoi and Ho Chi Minh City in May 2025, with nationwide expansion planned by end-2025; and an extended partnership with VPBank SME plus Hilo (T-VAN) for SME-transformation services signed in June 2025. Vinatti is a privately held joint-stock company with no external funding rounds or institutional investors disclosed in the source data, having grown organically over 14 years into a licensed multi-vertical payment intermediary.
Vinatti firmographics
Firmographics- Name
- Vinatti
- Legal name
- Công ty Cổ Phần Đầu tư Phát triển và Chuyển giao Công nghệ Vina
- Website
- https://vinatti.com.vn
- Company type
- Private
- Founded year
- 2012
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Vinatti is a Vietnamese licensed payment technology company operating a multi-product payment ecosystem — payment gateway, electronic wallet, Quik POS smart terminals, Quik TingTing speakers, telecom top-up, and Agent Banking — serving banks, telecoms, retailers, and SMEs across 500+ payment points.
- Ownership category
- akta.pro rank
Vinatti industry classification
Industry- Product category
- Payment Processing Services
- NAICS
- Financial Transactions Processing, Reserve, and Clearinghouse Activities (522320)
- SIC
- Finance Services (6199)
- akta.pro primary industry
- A2A Checkout & Merchant Acceptance Solutions (FSAMAFAF)
- akta.pro secondary industries
- Bank-to-Bank Transfers & Pay-by-Bank (Consumer & Merchant) (FSAMAFAC), QR Code & Alternative In-Store Acceptance (QR, APMs) (FSAMADAH)
Keywords
Where Vinatti is headquartered
LocationHeadquarters
- HQ city
- Hanoi
- HQ country
- Vietnam
- HQ region
- Asia
Offices1 record
Markets served
Vinatti business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Operations, Marketing or Sales, Infrastructure, Supply Chain
Revenue model
- Payment Gateway Services: Transaction fees from processing online payments through payment gateways connecting merchants to banks and payment networks
- Electronic Wallet Transactions: Fees from electronic money transfers and wallet services
- SmartPOS Device Sales: Hardware sales of Quik POS smart payment terminals to merchants and businesses
- Quik TingTing Sales: Sales of smart transaction notification speakers to retail merchants
- Telecommunications Top-up Services: Commission from mobile phone recharge, data packages, and game card distribution
- Cash Collection and Payment Services: Services facilitating cash collection and payment support for businesses
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Multi-year contract | Enterprise merchants - Custom pricing for large retail chains and enterprise clients |
| Unit Pricing | Pay-as-you-go | SMB merchants - Standard pricing for small to medium businesses |
Go-to-market motion1 record
Distribution channels5 records
Marketing channels8 records
Vinatti product offering
Product offeringCore offering
Vinatti operates a payment technology ecosystem in Vietnam providing payment gateway services, electronic wallet, smart POS terminals (Quik POS), transaction notification speakers (Quik TingTing), bill payment (Quik hoadon 247), booking services (Quik Booking/Paytrip), and telecommunications top-up (Quik Top-up). The company serves merchants, banks, financial institutions, and enterprises with integrated cashless payment solutions connecting 100+ banks across telecommunications, retail, aviation, banking, and insurance sectors.
Product overview
Vinatti operates as a comprehensive payment technology ecosystem offering multiple integrated products and services. The core product portfolio centers on the Quik family of solutions: Quik POS (SmartPOS payment device supporting card, QR, and NFC payments), Quik TingTing (smart transaction notification speaker with fraud prevention), Quik Booking/Paytrip (booking service), Quik hoadon 247 (billing service), and Quik Top-up (mobile recharge and telecommunications top-up service). The platform also includes payment infrastructure services such as payment gateways, electronic wallets, and cash management solutions, all connected through partnerships with over 100 banks and serving 500+ payment points across Vietnam.
Differentiator
Problem solved
Functional benefit
Products and services
- Quik POS (SmartPOS) SmartPOS hardware device that integrates multiple payment methods (card magnetic stripe, chip, contactless, QR, NFC) on a single Android-based terminal with built-in transaction management and financial oversight capabilities for merchants and retail businesses.
- Quik TingTing Smart transaction notification speaker hardware that provides real-time audio alerts upon successful payments, with multi-bank account linking, transaction history tracking, and fraud prevention through fake QR code detection for retail merchants.
- Quik Booking (Paytrip) Booking service originally branded as VBooking and rebranded to Paytrip on January 1, 2024, providing ticket booking, travel booking experiences, and companion services throughout customer journeys for aviation and travel service providers.
- Quik hoadon 247 Billing service platform enabling bill payment functionality for utilities and other services, processing 50,000+ bills through the Vinatti platform.
- Quik Top-up Mobile phone account recharge and telecommunications top-up service allowing direct top-ups to telecom subscriber accounts, data package purchases, pin code services, and game card distribution for telecommunications providers and subscribers.
- Payment Gateway Online payment gateway service connecting merchants with banks and payment networks across 100+ Vietnamese banks to process digital transactions securely for online merchants.
- Electronic Wallet Digital wallet service enabling electronic money storage, electronic money transfers, and fund management within the Vinatti payment ecosystem.
- Cash Flow Management Solution Software solution for tracking, managing, and optimizing business cash flow and financial operations for SMB merchants.
- Delivery Software Solution Software solution supporting logistics and delivery management operations for businesses using the Vinatti payment ecosystem.
- Agent Banking Service (VPBank Partnership) Agent Banking model enabling deposit, withdrawal, money transfer, and account opening services at agent points in underserved areas, provided through partnership with VPBank (technology platform) and Paynet (distribution channel).
- Cash Collection and Payment Support Services Services enabling businesses to collect cash and process payments through the Vinatti payment network, part of the comprehensive payment solution.
Quantifiable outcome
- 50,000+ bills paid through platform
- +2 more outcomes
Companies that use Vinatti
Customer profileNamed customers3 records
Segments5 records
Ideal customer profiles4 records
Vinatti technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature8 records
Vinatti partnerships and signals
Strategic signalPartnerships
Five partnerships are on record, tiered core.
- VPBank SMEcoreExtended partnership with VPBank SME division to provide digital financial solutions for small businesses and merchants transitioning to formal SME status. Vinatti supplies Quik TingTing smart payment speakers as part of integrated solution package.
- Hilo (T-VAN)coreHilo provides legal transformation and technology services including business registration, tax codes, e-invoices, digital signatures, and sales/accounting software. Combined with Vinatti's Quik TingTing for complete SME transformation support.
- VPBankcoreVinatti partners with VPBank (Vietnam Prosperity Bank) to provide technology platform for Agent Banking model, enabling deposit, withdrawal, money transfer, and account opening services at agent points in underserved areas. Vinatti provides modern technology ensuring seamless, secure transactions and optimal user experience.
- PaynetcorePaynet (Paynet Vietnam) serves as the distribution channel partner with extensive agent network across Vietnam, connecting VPBank products and Vinatti technology to customers nationwide.
- Major Vietnamese BankscoreConnected with 100+ banks including VPBank, VietinBank, BIDV, HDBank, LPBank, Eximbank, Sacombank, Techcombank, VIB, MSB, PVcomBank, SHB, NCB for payment processing integration
Scale indicators6 records
Recent moves6 records
Expansion highlights5 records
Vinatti competitors and assessment
Company assessmentOthers
- CMC Cyber Security: CMC Cyber Security issued Vinatti's PCI DSS Level 2 certification and is a regional Vietnamese cybersecurity provider serving financial and payment clients. It is an enabling ecosystem partner rather than a direct competitor.
Direct peers
- MoMo (M_Service): MoMo is Vietnam's leading e-wallet and super-app offering payment gateway, merchant QR acceptance, bill payment, and telecom top-up. It directly competes with Vinatti's electronic wallet, Quik hoadon 247, and Quik Top-up product lines for the same Vietnamese consumer and merchant base.
- Payoo (Vietnam Payment Solutions): Payoo is a Vietnamese payment intermediary offering bill payment, telecom top-up, and merchant payment services through an extensive agent network. It is a direct competitor to Vinatti's Quik hoadon 247, Quik Top-up, and Agent Banking offerings.
- VNPay: VNPay is Vietnam's largest payment intermediary operating QR-based merchant acceptance, payment gateway, and bank integrations. It directly competes with Vinatti across the same core verticals (banking, retail, telecom) and shares a similar licensed intermediary business model.
- Moca (Grab Vietnam): Moca is a Vietnamese e-wallet and QR payment platform, originally independent and now part of Grab, focused on merchant payments and consumer wallets. It competes directly with Vinatti's electronic wallet and Quik POS merchant acceptance products.
- ZaloPay (VNG): ZaloPay is the e-wallet and payment gateway from VNG Corporation offering QR payments, bill payment, money transfer, and merchant services. It directly competes with Vinatti's payment gateway and electronic wallet offerings in the Vietnamese market.
- ViettelPay (Viettel): ViettelPay is the e-wallet and payment services arm of Vietnam's largest state-owned telco Viettel. It directly competes with Vinatti's Quik Top-up, electronic wallet, and payment gateway offerings, particularly in the telecom and retail verticals.
Broad incumbents
- Napas (Ngan hang Nha nuoc Vietnam): Napas is Vietnam's national payment switch operated under the State Bank of Vietnam, providing the core card and interbank switching infrastructure. Vinatti routes transactions through bank integrations that ultimately rely on Napas rails, making Napas the upstream incumbent in the same payment value chain.
Emerging players
- SmartPay Vietnam: SmartPay provides merchant payment solutions, including QR acceptance and POS, targeted at small and medium Vietnamese retailers. It partially overlaps with Vinatti's Quik POS and merchant-facing payment infrastructure.
- NextPay: NextPay is a Vietnamese fintech offering merchant payment solutions including QR, POS, and payment gateway services for SMEs. It is an emerging competitor to Vinatti's Quik POS and payment gateway, particularly in the SMB merchant segment.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat4 records
Key risks5 records
Key highlights7 records
Customer concentration
Vinatti social profiles
Digital presenceVinatti compliance and trust
Trust signalCompliance3 records
Vinatti financial estimates
Financial estimateRevenue estimate
Valuation estimate
Vinatti leadership team
Management profileNumber of profiles
Profiles2 records
Vinatti funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Vinatti M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Vinatti
What does Vinatti do?
Vinatti operates a payment technology ecosystem in Vietnam providing payment gateway services, electronic wallet, smart POS terminals (Quik POS), transaction notification speakers (Quik TingTing), bill payment (Quik hoadon 247), booking services (Quik Booking/Paytrip), and telecommunications top-up (Quik Top-up). The company serves merchants, banks, financial institutions, and enterprises with integrated cashless payment solutions connecting 100+ banks across telecommunications, retail, aviation, banking, and insurance sectors.
Is Vinatti a public or private company?
Vinatti is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Vinatti founded?
Vinatti was founded in 2012. It employs 11 to 50 people.
Where is Vinatti based?
Vinatti is headquartered in Hanoi, Vietnam, in the Asia region.
How does Vinatti make money?
Six revenue lines are on record. Payment Gateway Services are the primary driver. The others are electronic Wallet Transactions, smartPOS Device Sales, quik TingTing Sales, telecommunications Top-up Services and cash Collection and Payment Services.
Who are Vinatti's main competitors?
CMC Cyber Security is listed as an others. Direct peers are MoMo (M_Service), Payoo (Vietnam Payment Solutions), VNPay, Moca (Grab Vietnam), ZaloPay (VNG) and ViettelPay (Viettel). Napas (Ngan hang Nha nuoc Vietnam) is listed as a broad incumbent. Emerging players are SmartPay Vietnam and NextPay.
Does Vinatti have an API?
No public API is recorded for Vinatti.
What industry is Vinatti in?
Vinatti's product category is Payment Processing Services. Its primary akta.pro industry code is FSAMAFAF, A2A Checkout & Merchant Acceptance Solutions, with a secondary code of FSAMAFAC, Bank-to-Bank Transfers & Pay-by-Bank (Consumer & Merchant). Its NAICS code is 522320 and its SIC code is 6199.