Updated October 14, 2026 · VaultCue Editorial Team
MoMo vs Touch n Go eWallet Visa Card
MoMo
Higher score in this comparison
Touch n Go eWallet Visa Card
What sets them apart
| Compare | MoMoReviewSee alternativesSee alternatives | Touch n Go eWallet Visa CardReviewSee alternativesSee alternatives |
|---|---|---|
| Monthly fee | ₫0 | Not confirmed |
| Currency conversion fee | 2% | Not confirmed |
| Currencies | 1 | Not confirmed |
| Free ATM withdrawals | ₫30,000,000 | Not confirmed |
| Transfer fee | Bank cash-out free up to 30,000,000 VND per month, then 0.5% of transaction value; 1% of transaction value once the monthly total exceeds 100,000,000 VND | Not confirmed |
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Our verdict on each
MoMo
MoMo is a digital wallet for people living in Vietnam who want everyday payments handled from a phone rather than a branch. It charges a monthly fee of VND 0 and holds a State Bank of Vietnam licence, and it covers 1 currency, which points to a local account.
Touch n Go eWallet Visa Card
Touch n Go eWallet in Malaysia offers a Visa prepaid card funded from the eWallet balance. A help article describes Visa Plus ATM withdrawals; fees and eligibility are not established here.
Score breakdown
| Area | MoMo | Touch n Go eWallet Visa Card |
|---|---|---|
| Cost | 8.6The monthly fee is VND 0 and the transfer fee is VND 0, but conversion at 2% sits above the site median of 0.5%. | Not confirmed |
| Offer | 9.0 | Not confirmed |
| Trust | 8.8 | Not confirmed |
How they place
| Ranking | MoMo | Touch n Go eWallet Visa Card |
|---|---|---|
| Money transfer services | 352 of 1564 | 1330 of 1564 |
Every fact side by side
| Fact | MoMo | Touch n Go eWallet Visa Card |
|---|---|---|
| Audience | Teen, Student, Business | Not confirmed |
| Pricing model | No monthly fee | Not confirmed |
| Features | Digital only | Not confirmed |
| Legal entity | Mobile Services Joint Stock Company (M_Service JSC) | TNG Digital Sdn. Bhd. |
| Headquarters | Vietnam | Malaysia |
| Founded | 2007 | Not confirmed |
| Support channels | Phone, Email, Help centre, Chat | Not confirmed |
Money transfer
| Fact | MoMo | Touch n Go eWallet Visa Card |
|---|---|---|
| Exchange rate markup | Not confirmed | 0% |
| Delivery time | Instant | Not confirmed |
| Payout methods | Bank, Cash pickup, Wallet | Not confirmed |
| Fee to send 1,000 | ₫0 | Not confirmed |
Where each stands against the rest
| Fact | MoMo | Touch n Go eWallet Visa Card | Median |
|---|---|---|---|
| Monthly fee | ₫0at the median | Not confirmed | ₫0 |
| Currency conversion fee | 2%above the median | Not confirmed | 0.5% |
| Currencies | 1lowest quarter | Not confirmed | 5 |
Median across 536 listed accounts.
Pros and cons
MoMo
Pros
- No monthly charge, listed at VND 0 for the everyday account
- Transfers land Instant, so payments and payouts clear quickly
- Cash-out reaches banks, pick-up points and wallets through bank, cash pickup and wallet
Cons
- Currency conversion costs 2%, above the site median of 0.5%
- Only 1 currency is covered, against a site median of 5
- The account is digital only, so there is no branch to visit
Touch n Go eWallet Visa Card
Pros
- The card is funded from the eWallet balance.
Cons
- ATM fees and eligibility are not established in the captured details.
Who each suits
MoMo
Who it suits
- Teenagers and students who pay and receive money by phone
- Small businesses in Vietnam taking daily payments from customers
- Anyone who wants money to move instantly inside the country
Who should look elsewhere
- Skrill or Plazo ES, euro wallets at a €0 monthly fee for another market
- PayPal Colombia, whose cross-border reach suits international payments more than local ones
- Anyone who wants a branch to visit, since the account is digital only
Touch n Go eWallet Visa Card
Who it suits
- Malaysian eWallet users looking for a prepaid Visa and ATM access.
Who should look elsewhere
- Users who need confirmed withdrawal fees and eligibility before choosing.
Current offers
MoMo
Current offer
Country by country
| Country | MoMo | Touch n Go eWallet Visa Card |
|---|---|---|
| Vietnam | Yes | No |
Questions about each
MoMo
Does MoMo charge a monthly fee?+
No. The monthly fee is VND 0, and the service runs on a no-monthly-fee model. The transfer fee is also listed at VND 0, with charges applying only once cash-out allowances are passed. The free tier is what most everyday users rely on.
What does it cost to change currency?+
Currency conversion costs 2%. That is above the 0.5% median across the brands on the site, and MoMo sits at 214 of 312 on this measure, so conversion is the weak point of an otherwise free service.
How many currencies can I hold?+
MoMo covers 1 currency. The median across the site is 5 and the widest accounts reach 350, so this sits at the bottom of the range for anyone holding or sending foreign money.
Is the money safe and who regulates MoMo?+
MoMo runs under Mobile Services Joint Stock Company (M_Service JSC) and holds a State Bank of Vietnam licence, listed as 16/GP-NHNN. The account is digital only and support runs on phone, email and help centre, so help is reachable from the app.
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MoMo
Touch n Go eWallet Visa Card