Domestic scheme NAPAS leads the market for card payments in Vietnam, ahead of both Visa and Mastercard. NAPAS refers to Vietnam's ATM cards, issued by the National Payment Corporation of Vietnam. Whilst the brand does not have the same dominance as UnionPay within China, it is relatively unusual for an in-market local card scheme to be ahead of either Visa and Mastercard. This may stem from Vietnam's declining share of cash in POS, as consumers used credit cards and wallets. The source does not explain the figures for 2019, as these look somewhat different from both 2018 and 2020.
Market share of payment card brands - Visa, Mastercard, American Express, or in-market local card schemes - in Vietnam from 2016 to 2022
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Worldpay, & PPRO, & Statista. (January 1, 2024). Market share of payment card brands - Visa, Mastercard, American Express, or in-market local card schemes - in Vietnam from 2016 to 2022 [Graph]. In Statista. Retrieved December 19, 2024, from https://www.statista.com/statistics/1312440/biggest-card-schemes-in-vietnam/
Worldpay, und PPRO, und Statista. "Market share of payment card brands - Visa, Mastercard, American Express, or in-market local card schemes - in Vietnam from 2016 to 2022." Chart. January 1, 2024. Statista. Accessed December 19, 2024. https://www.statista.com/statistics/1312440/biggest-card-schemes-in-vietnam/
Worldpay, PPRO, Statista. (2024). Market share of payment card brands - Visa, Mastercard, American Express, or in-market local card schemes - in Vietnam from 2016 to 2022. Statista. Statista Inc.. Accessed: December 19, 2024. https://www.statista.com/statistics/1312440/biggest-card-schemes-in-vietnam/
Worldpay, and PPRO, and Statista. "Market Share of Payment Card Brands - Visa, Mastercard, American Express, or In-market Local Card Schemes - in Vietnam from 2016 to 2022." Statista, Statista Inc., 1 Jan 2024, https://www.statista.com/statistics/1312440/biggest-card-schemes-in-vietnam/
Worldpay & PPRO & Statista, Market share of payment card brands - Visa, Mastercard, American Express, or in-market local card schemes - in Vietnam from 2016 to 2022 Statista, https://www.statista.com/statistics/1312440/biggest-card-schemes-in-vietnam/ (last visited December 19, 2024)
Market share of payment card brands - Visa, Mastercard, American Express, or in-market local card schemes - in Vietnam from 2016 to 2022 [Graph], Worldpay, & PPRO, & Statista, January 1, 2024. [Online]. Available: https://www.statista.com/statistics/1312440/biggest-card-schemes-in-vietnam/
