Viettel Money

Viettel Money is a complete digital finance ecosystem that lets users register, verify and manage payments from a single mobile app. It enables quick transfers, cash deposits and withdrawals, mobile top-ups, bill payments and online purchases while supporting multiple funding sources such as Mobile Money for Viettel subscribers, a ViettelPay digital bank account and linked domestic cards. With broad agent coverage and options for cash delivery to recipients' homes, Viettel Money suits anyone who needs fast, flexible financial services on the go and wants a secure alternative to traditional banking.

Key Features

⭐ Viettel Money allows registration and identity verification directly on your phone and supports Mobile Money and a ViettelPay digital bank account for users without a traditional bank account.

⭐ Fast transfers to phone numbers, account numbers and card numbers across more than 40 banks in Vietnam, with multiple funding sources available.

⭐ Multiple sources of funds: Mobile Money (for Viettel subscribers), ViettelPay digital accounts and linked domestic bank cards for convenience and flexibility.

⭐ Extensive cash deposit and withdrawal network with over 100,000 agent points nationwide, plus options for cash delivery to recipients at home in 63 provinces within 2–4 hours.

⭐ A broad set of payment utilities including prepaid top-ups, high-discount data bundles, utility bill payments, ticket and travel booking, game card purchases, plus savings, digital investments, online loans and issuance of MasterCard online, all secured with industry-grade protections.

Advantages

✅ Onboarding and account management are simple on mobile, and the service can be used without an existing bank account.

✅ Large physical network and extended operating hours make cash in/out and in-person support widely accessible across the country.

✅ A wide range of financial services in one app—payments, savings, investments and loan options—reduces the need to switch between multiple providers.

✅ Multiple funding channels and fast interbank transfers improve flexibility for both everyday payments and urgent transfers.

Disadvantages

❎ Loan products can carry high maximum interest rates (up to 45% per year), which may be costly for some borrowers.

❎ Mobile Money features are tied to Viettel subscribers, limiting full functionality for users on other mobile networks.

❎ Cash agent services typically operate on set hours (around 08:00–20:00), which may not suit all users for late-night transactions.

Development Team

Viettel Money is operated by the digital services subsidiary of the Viettel Group (Tập đoàn Công nghiệp - Viễn thông Quân đội). The service is supported by national regulatory approvals for payment intermediary operations and pilot deployment of telecom-based payment accounts (including relevant license references), and its headquarters is located in Hanoi.