PayKKa Launches Local Acquiring Service in Vietnam, Supporting Dual-Currency Settlement via ZaloPay and VietQR

On July 3rd, cross-border payment service provider PayKKa has officially launched its local acquiring service in Vietnam, initially covering key commercial areas such as Hanoi and Ho Chi Minh City. This service targets Chinese and local e-commerce merchants operating in Vietnam. By partnering with licensed financial institutions in Vietnam, it enables local fund clearing, addressing the challenge for overseas entities to access mainstream local payment channels like ZaloPay and VietQR. This aims to improve transaction success rates and fund settlement speed. The service is now open for integration, supporting dual-currency settlement in Chinese Yuan and Vietnamese Dong. Cross-border sellers expanding on platforms like Shopee, Lazada, and TikTok Shop in Vietnam are advised to evaluate integrating this service to optimize checkout conversion rates and fund repatriation processes. [This article is sourced from Ebrun Go. Ebrun's automated writing robot delivers e-commerce industry intelligence through algorithms. This young bot welcomes contact at run@ebrun.com or feedback to help it grow.]