In Vietnam, the Digital Economy is developing with great potential thanks to two important components: logistics and payment infrastructure. In addition, e-commerce is also an effective component of the Digital Economy thanks to its high growth rate.
Therefore, through the cooperation between the “national” payment channel and the global e-commerce platform this time, ZaloPay and Shopify wish to promote the “Brand.com” website model in Vietnam, helping businesses quickly get started. keep up with the trend of e-commerce. This is a model that businesses build and do business on their own websites, contributing to expanding sales channels besides selling through general e-commerce floors.
Le Lan Chi – General Director of ZaloPay said: “With technical resources and a large network of partners, ZaloPay wishes to become a bridge between Shopify and businesses in Vietnam. We believe that accompanying Shopify will be an important step for ZaloPay to introduce and replicate the e-commerce website model ‘Brand.com’ in the business community in Vietnam. At the same time, ZaloPay also hopes to connect with new partners who are active e-commerce brands on Shopify platform.
In addition, becoming the first domestic e-wallet to participate in the payment system for businesses using the Shopify platform shows the potential and influence of ZaloPay when placed next to current payment methods. now.”
Bharati Balakrishnan – Shopify’s Southeast Asia and India regional director said: “More and more businesses in Vietnam are realizing the benefits of e-commerce to drive growth, and we’ve seen the digital growth grow. Number of merchants in Vietnam use Shopify to accelerate their online business.
Payments are an integral part of the online commerce journey. We are delighted to be partnering with a leading local E-Wallet like ZaloPay to deliver a more consumer-friendly experience for our merchants.”
According to the Vietnam E-commerce Publication 2022 of the Department of E-commerce and Digital Economy under the Ministry of Industry and Trade, the number of businesses owning websites in Vietnam in 2021 accounts for about 43% and in more than 4,000 websites/applications. E-commerce has confirmed the notice, registered with the Ministry of Industry and Trade, up to 44.4% of websites/apps have online sales functions.
Business units using Shopify to operate e-commerce sites in Vietnam can activate ZaloPay as a direct payment gateway by accessing the link: https://apps.shopify.com/zalopay- payment-gateway
