Does PayME Shop Support Installment Payments? Explore Popular Payment Methods in 2025

Vietnam's e-commerce market is booming with expected revenue of $20.5 billion by 2025. In the fiercely competitive landscape among online selling platforms, PayME Shop stands out with its no-website-required model and diverse payment system. However, many sellers still wonder: Does PayME Shop support installment payments? and what payment methods are supported?

With over 70% of Vietnamese consumers shopping via mobile devices, integrating convenient payment methods has become a determining factor for success. This article will provide detailed answers about PayME Shop's installment payment capabilities, while analyzing 4 main payment methods to help you optimize revenue and enhance customer experience in 2025.

Does PayME Shop Support Installment Payments?

Short answer: As of July 2025, PayME Shop does not officially support automatic installment payments. However, sellers can manually set up installment policies through scheduled bank transfers.

Why Doesn't PayME Shop Have Installment Payments Yet?

PayME Shop focuses on a simple, no-website selling model with quick payment transactions. Integrating installment payments requires:

• Integration with financial companies like Home Credit, FE Credit
• More complex management systems
• Higher operational costs

Alternative Solutions for Installments on PayME Shop

Manual Installments:

• Pre-agree with customers on the number of payment periods
• Split orders into multiple small transactions
• Use bank transfers for each installment

Credit Card Usage: Customers can pay with credit cards and then convert to installment payments through their banks.

4 Main Payment Methods on PayME Shop

1. Bank Card Payments

Advantages:

• Diverse support: Visa, MasterCard, JCB, domestic cards
• PCI DSS standard security
• Fast processing in just a few seconds
• OTP protection for transactions

Suitable for: Medium to high-value orders (500K - 10 million VND)

Supported Banks:

• Vietcombank
• Techcombank
• BIDV
• Sacombank
• VPBank

2. E-wallets - Super Fast Payments

Supported Wallets:

• MoMo: Vietnam's most popular e-wallet
• ZaloPay: Integrated with Zalo, fast payments
• Viettel Money: For Viettel customers
• PayME Wallet: Internal wallet of the ecosystem

Why Choose E-wallets?

• Payment with just a few taps
• No need to enter card information
• Super-fast processing speed
• Perfect for mobile shopping

3. Direct Bank Transfers

Outstanding Features:

• Money goes directly to seller's account
• No money holding like Shopee, Lazada
• Suitable for high-value orders
• Improved cash flow

When to Use Bank Transfers?

• High-value purchases (over 5 million VND)
• Customers who prefer traditional methods
• B2B transactions

4. QR Code Scanning

Superior Features:

• Payment in 3-5 seconds
• Compatible with all banking apps
• Works with all e-wallets
• Ideal for livestream selling

Compatible Applications:

• Banking apps: Vietcombank, BIDV, Techcombank
• E-wallets: MoMo, ZaloPay, ViettelPay

Most Effective Payment Methods on PayME Shop

For Buyers:

• Orders under 500K: E-wallets or QR Code
• Orders 500K - 2 million: Bank cards
• Orders over 2 million: Bank transfers

For Sellers:

Optimize Conversion Rates:

• Display all available payment methods
• Provide clear instructions for each method
• Respond quickly to payment inquiries

PayME Shop Comparison with Other Platforms

Conclusion: Is PayME Shop Right for You?

PayME Shop is suitable if you:

• Sell low to medium-value products
• Want to receive money immediately
• Prioritize simplifying the selling process
• Don't rely heavily on installment payments

Consider other platforms if:

• Your main products are electronics, high-end appliances
• Target customers frequently request installment payments
• Need complex management systems

Summary: Although PayME Shop doesn't support automatic installment payments yet, with 4 diverse payment methods and fast processing speed, this platform remains a good choice for most online sellers in 2025.