All shopping and entertainment activities at Zalopay Year End Fes are paid via QR codes. The event also marks the first time Zalopay has introduced a full version of the multi-function QR code to the community, including Zalopay Multi-function QR and the two latest versions: Zalopay Multi-function QR International and Zalopay Box.
With more than 172,000 visitors and nearly 25,000 successful payment orders during the 4-day event, on average, 1 transaction was made for every 7 attendees. Ms. Nguyen Tran Phuong Ngoc, Marketing Director of Zalopay, shared: “These numbers are proof of the special affection that customers have for Zalopay. We are truly happy to see tens of thousands of Zalopay users from all over the world coming together to celebrate a true year-end party! This is the motivation for Zalopay to continue bringing many unique brand experiences in the near future.” In particular, the international Multi-Functional Zalopay QR, in cooperation with UnionPay, not only accepts payments using domestic banking applications and e-wallets, but also allows tourists to Ho Chi Minh City to use the UnionPay application or banks and payment applications that use UnionPay card payments from countries such as Korea, China, Singapore, Thailand, etc. to comfortably scan payments without having to exchange cash.
Speaking at the event, Ms. Le Lan Chi - General Director of Zalopay said that Zalopay QR Multi-function International is a strategic step to help Vietnamese businesses expand their international customer base and optimize business efficiency. “We are actively cooperating with major international partners to expand the payment acceptance of this QR code in the future. With this solution, with just a single QR code, businesses can serve all payment needs of domestic and foreign customers, affirming the commitment to building a modern digital economy, where transactions become simple, safe and convenient.”
Henry Ha, a tourist from Shanghai, said: “I am really impressed with the convenience that Zalopay QR Multi-function brings. Without having to exchange cash or carry too much money, I can shop, experience everything comfortably, and pay smoothly as if I were in my own country.”
Along with impressive growth with more than 16 million users, Zalopay also recorded a total transaction value via Zalopay QR Multi-function in 2024 increasing by 15 times compared to 2023. Through offline events such as Zalopay Year End Fes 2024, it is not only a thank you from Zalopay to partners and users who have always trusted and accompanied, but also an opportunity for Zalopay to directly dialogue and listen to users' needs and expectations for the product.
In line with the Government’s strategy to promote cashless payments, Zalopay hopes that the event will open up a new trend for the annual series of cashless shopping and entertainment events. At the same time, it will contribute to building an open, diverse and comprehensive payment and financial ecosystem.Zalopay, the leading online payment solution platform in Vietnam licensed by the State Bank, offers comprehensive payment solutions for individuals and businesses. In 2023, Zalopay launched the Multi-function QR code, supporting payment through all banking applications and e-wallets, receiving positive feedback from users and partners. This product was quickly honored at prestigious awards in 2024, such as "Product of the Year - Top 100 Innovative Products and Services", "Top 10 Good Vietnamese Products - For Consumer Rights"... Also in 2023, Zalopay became the only Vietnamese representative ranked in the Top 200 global fintech companies voted by CNBC. By July 2024, Zalopay renewed its brand identity and launched a new application version with many outstanding features, including payment from diverse sources of money, reward accumulation for benefits and 6 flexible financial products, optimally meeting user needs. |
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