The Finance Base / Money transfer apps / MoMo
momo.vn
MoMo
MoMo is a Vietnam-based mobile financial app with an e-wallet, transfers, payments and digital services. It offers a free plan, shows fees upfront and supports instant transfers. The app runs on Android and iPhone. MoMo publishes wallet caps, transaction limits, security certifications, privacy…
- Free planprice, as published
- Oct 11, 2026read on
What MoMo costs
The provider publishes no plan we could read. Free plan
Its statement
- Fee shown before you pay
- Yes
- How fast it lands
- instant
- Free plan
- Yes
- Free trial
- Not stated
- Runs on
- iPhone Android Web
- Facts on record
- 31
Fee shown before you pay
Strengths and limits
Strengths
- Free plan with no setup or maintenance fee
- Instant transfers with upfront fee display and tracking
- Android and iPhone apps
- Spending reports and Financial Center overview
- Links to more than 36 banks and supports major card networks
Limits
- Some transaction fees are not itemized in the supplied facts
- Wallet balance cap is 200,000,000₫
- Daily linked-account withdrawal or payment limit is 50,000,000₫
- No web or computer platform is listed
- Phone support costs 1,000₫ a minute
What MoMo does
MoMo is a mobile wallet for sending money, receiving collections, paying bills, topping up phones, buying tickets and shopping. It also supports in-store payments and other digital services.
Its money tools can sort transactions, track spending inside and outside MoMo, produce reports and bring funds, assets, liabilities and reminders together. Group Funds records shared contributions, withdrawals, spending and balances.
Fees and plans
MoMo offers a free plan. The provider says there is no account setup fee, maintenance fee or general usage fee.
Customer support by phone costs 1,000₫ a minute. MoMo lists the line as available Monday through Friday, excluding holidays, during its stated morning and afternoon hours.
Where it runs
MoMo has apps for Android and iPhone.
The phone app handles the wallet, transfers, payments, spending records, financial overview and group-fund features.
Protection, as MoMo publishes it
MoMo says its payment services operate under a State Bank of Vietnam license. It also says it holds PCI DSS Level 1, ISO 27001:2022 and ISO 27701:2019 certifications, and uses TLS/SSL backed by GlobalSign.
Its privacy policy says users can ask what personal data MoMo or partners hold, withdraw consent for certain processing and change direct-marketing or account-visibility settings.
Strengths
The app combines transfers, payments, top-ups, tickets and shopping in one wallet. MoMo says it links directly to more than 36 banks and supports Visa, Mastercard and JCB cards.
Instant transfer speed, upfront fee display and transfer tracking give users information about a transaction. Spending categories, reports and the Financial Center add record-keeping tools.
Catches and limits
MoMo lists a 100,000,000₫ monthly limit for personal wallet transfers and payments, with up to 300,000,000₫ per month for specified payment categories. The wallet balance cap is 200,000,000₫.
Its help center also lists a 50,000,000₫ daily withdrawal or payment limit for linked accounts.
The setup guide includes phone registration, identity and biometric checks, face verification and bank linking. MoMo’s privacy policy is not directed at children under 15; a legal representative handles their data processing as required by law.
Who may want another app
MoMo may not fit someone who needs a web or computer app, published prices for every transaction, or limits outside the listed Vietnam wallet rules.
Verdict
MoMo suits people seeking an Android or iPhone wallet that combines instant transfers with everyday payments and spending summaries. Its free plan, bank and card links, tracking and published caps make the basic offer clear.
It is less suitable for users who require desktop access or a complete fee table before using a service. The provider publishes security certifications and a Vietnamese payment license.
Who it suits
Pick it if
- Android or iPhone users wanting wallet payments and transfers
- People who want spending categories and financial summaries
- Users needing group-fund contribution and spending records
Skip it if
- You need a web or desktop version
- You require a full published fee table for every transaction
- Your activity may exceed the listed balance or payment limits
Facts we read
- Account setupMoMo's setup guide includes phone registration, identity and biometric verification, face verification, and linking a bank account. · momo.vn, Oct 11, 2026
- CompanyThe maker is Công ty Cổ phần Dịch vụ Di động Trực tuyến (M_Service), with headquarters in Ho Chi Minh City. · momo.vn, Oct 11, 2026
- EligibilityMoMo says its privacy policy is not directed at children under 15; processing their personal data is handled through a legal representative as required by law. · momo.vn, Oct 11, 2026
- FeesMoMo says it does not charge account setup or general usage fees, but charges fees for certain services and transactions. · momo.vn, Oct 11, 2026
- Fees and limitsMoMo's help center says there is no maintenance fee, but some transactions incur fees; linked accounts have a wallet balance limit of 200,000,000đ and daily withdrawal or payment limit of 50,000,000đ. · momo.vn, Oct 11, 2026
- Upfront fee displayYes · momo.vn, Sep 20, 2026
- Financial overviewMoMo says its Financial Center consolidates money sources, assets, and amounts due, and can remind users about bills and balances. · momo.vn, Oct 11, 2026
- Financial toolsThe app describes a financial center that brings together funds, summarizes assets and liabilities, and provides reminders for bills and debts. · momo.vn, Oct 11, 2026
- Founded2007 · momo.vn, Sep 28, 2026
- Free planYes · momo.vn, Sep 20, 2026
- Group fundsGroup Funds lets members track contributions, withdrawals, shared spending, and balance changes, while fund owners can set recurring reminders. · momo.vn, Oct 11, 2026
- HeadquartersHo Chi Minh City, Vietnam · momo.vn, Sep 28, 2026
- IntegrationsMoMo says it is directly linked to more than 36 banks and supports Visa, Mastercard and JCB cards. · momo.vn, Oct 11, 2026
- Mobile platformsMoMo says users can download its app from Google Play for Android or the App Store for iOS. · momo.vn, Oct 11, 2026
On these lists
Use instead
Questions
Is MoMo free?
MoMo offers a free plan and says it has no account setup, maintenance or general usage fee. Certain services and transactions still incur charges.
How fast are MoMo transfers?
The listed transfer speed is instant.
What are MoMo’s wallet limits?
The wallet balance cap is 200,000,000₫. Personal wallet transfers and payments have a 100,000,000₫ monthly limit; specified categories can reach 300,000,000₫ monthly.
Does MoMo charge for support?
Yes. Phone support at 1900 5454 41 costs 1,000₫ a minute and is listed for weekdays excluding holidays during stated morning and afternoon hours.
What security does MoMo publish?
MoMo says it holds PCI DSS Level 1, ISO 27001:2022 and ISO 27701:2019 certifications and uses TLS/SSL backed by GlobalSign.
Can users control personal-data preferences?
MoMo’s privacy policy says users can request data information, withdraw consent for certain processing and manage direct-marketing or account-visibility settings.
Is MoMo yours?
Claim it for free to correct a fact, and see the places you can buy on The Finance Base.