Who owns ZaloPay?
short answerZaloPay is a payment institution, not a bank. Customer money is safeguarded in segregated accounts at partner banks rather than held as insured deposits.
Is ZaloPay a licensed bank?
No — it is a payment institution. Licence detail: Licensed payment institution (SBV intermediary payment services licence 04/GP-NHNN); Zion/VNG e-wallet.
Where is your money held?
Custody model: Custodial.
No sponsor bank or infrastructure provider is publicly documented for ZaloPay yet. Know one? Suggest it.
Is my money safe with ZaloPay?
As a payment institution, ZaloPay safeguards funds in segregated accounts rather than insuring them as deposits. That protection works differently from a bank — money is generally not covered by deposit-guarantee schemes, though it must be ring-fenced from the company's own funds.
go deeperSee the full ZaloPay profile with every verified field, or ZaloPay alternatives. Raw fields: data.json.
Figures compiled from public sources, for comparison only — not financial advice. "Up to" rates change constantly; always confirm with the issuer. Spotted an error? Suggest a fix.