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Bitget Wallet Expands Crypto Payments with National QR Integration, Includes Vietnam

Published 5 days ago3 minute read
Bitget Wallet Expands Crypto Payments with National QR Integration, Includes Vietnam

Bitget Wallet, a prominent non-custodial crypto wallet, has officially launched national QR payment support as part of its global PayFi initiative, with Vietnam marking the inaugural market for this innovative feature. This development allows users to conveniently pay with cryptocurrency by simply scanning VietQR, Vietnam's national QR code standard, which is widely adopted by local merchants across the country. The initiative represents a significant stride in integrating crypto payments directly into established national payment infrastructures worldwide, facilitating direct transactions from self-custodial wallets with minimal fees and eliminating the necessity for fiat conversion.

Users in Vietnam can now utilize stablecoins such as USDT and USDC on various blockchain networks, including Ethereum, Tron, Solana, Base, TON, and BNB Chain, to complete everyday transactions. This includes everything from dining at street vendors and restaurants to purchasing groceries, all through a single scan, benefiting from automatic conversion and low transaction fees. Future updates will also introduce auto-swap support, enabling payments in any token without manual conversion, further streamlining the user experience.

A strategic partnership with AEON, described as a next-generation crypto payment framework, has been crucial in enabling Bitget Wallet to facilitate crypto payments across more than 55 banks and payment institutions that support VietQR. This broad integration means that over two million merchants nationwide accept the standard, making stablecoin spending accessible at both large retailers and small businesses throughout Vietnam. This successful rollout in Vietnam is just the first phase of a broader global expansion, with similar integrations planned for other regions across Southeast Asia, Latin America, and beyond.

Bitget Wallet stands out as the first self-custodial wallet to natively integrate a national QR system. Its advanced scan function intelligently differentiates between national QR codes, like VietQR, and blockchain-based QR codes, such as Solana Pay, processing transactions with real-time conversion. This eliminates the reliance on third-party decentralized applications (DApps) and delivers a faster, more seamless payment experience directly from the wallet. Jamie Elkaleh, CMO of Bitget Wallet, emphasized the company's vision, stating, "We're turning crypto from an investment asset into a usable currency. By embedding local payment rails directly into the wallet via our partnership with AEON, we're helping users spend their assets as easily as they store them — starting in Southeast Asia, and soon expanding to other regions."

Beyond QR payments, Bitget Wallet also supports crypto card payments for both online and in-store use, along with purchases from over 300 brands available through its in-app marketplace. This comprehensive payment ecosystem offers users complete control over their assets, whether scanning, tapping, or shopping in-app, all within a secure and intuitive interface. To encourage adoption, Bitget Wallet is offering a 50% cashback incentive on the first national QR payment made in Vietnam, valid from June 16 to July 30 for the first 50,000 new users.

Bitget Wallet is designed to make crypto simple and secure for everyone, serving over 80 million users with a full suite of crypto services including swaps, market insights, staking, rewards, DApp exploration, and payment solutions. It supports over 130 blockchains and millions of tokens, facilitating seamless multi-chain trading across hundreds of DEXs and cross-chain bridges, all backed by a substantial $300+ million user protection fund. AEON, their partner, is built for AI to drive intelligent, automated payments across Web3, aiming to simplify how crypto functions in real life with omni-chain support and AI-integrated payment services, creating a future of intelligent, scalable, and borderless crypto finance for a billion users.

From Zeal News Studio(Terms and Conditions)
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