Bitget Wallet has announced its integration with Vietnam's national QR payment system VietQR, allowing users to make cryptocurrency payments at local retailers.
What is the Integration with VietQR?
The integration enables Bitget Wallet users to pay by scanning the VietQR code, which is the standard for Vietnamese QR codes. Users can now make payments in cryptocurrency at over two million merchants in the country.
Benefits for Users
Users can easily pay for everyday expenses, such as dining at restaurants or shopping at supermarkets, simply by scanning a QR code. The wallet supports various cryptocurrencies, including stablecoins like USDT and USDC, facilitating payments across different blockchains.
Future Integration in Other Regions
The integration is part of Bitget Wallet's broader PayFi initiative, with plans for expansion into Southeast Asia, Latin America, and other regions. The wallet also aims to add auto-swap support for easier payments in any tokens.
The integration of Bitget Wallet into Vietnam's national QR payment system marks a significant step towards broader acceptance of cryptocurrencies as a payment method and continues to push the boundaries of digital asset utilization.