According to the latest report by Mastercard, Vietnam is emerging as one of the leading countries in the Asia-Pacific region in terms of digital payment adoption and biometric authentication usage. Approximately 70% of Vietnamese consumers now prefer modern payment methods such as biometrics, QR codes, and mobile e-wallets.

This strong shift in payment behavior is driven by several key factors, including the widespread adoption of smartphones, the continuous improvement of digital payment infrastructure, and the convenience offered by new technologies. Consumers today are not only looking for speed and convenience but are also increasingly concerned about security and data protection when making transactions.
Biometric authentication, including fingerprint and facial recognition, is becoming a popular choice due to its ability to reduce fraud risks while providing a seamless user experience. In addition, QR code payments and e-wallets continue to gain widespread adoption across various sectors, from retail shopping to public services.
Mastercard also highlights that Vietnam is among the fastest-growing digital economies in the region, driven by the active participation of banks, technology companies, and regulatory authorities. This trend not only accelerates the shift toward a cashless society but also lays the foundation for the expansion of digital identity solutions, electronic authentication, and enhanced transaction security in the future.
In this context, investment in technologies such as smart cards, multi-factor authentication, and biometric verification is becoming increasingly important. These solutions play a key role in building digital trust and ensuring the sustainable development of Vietnam’s payment ecosystem.




