Sacombank, UnionPay ink deal for QR code payment

Friday, Feb 02, 2018 13:38

Sacombank and UnionPay International have signed a deal for QR code payment using Sacombank UnionPay credit cards world-wide. — VNS Photo Courtesy of Sacombank

Sacombank and UnionPay International have signed a deal for world-wide QR code payment on Sacombank UnionPay credit cards.

With this, Sacombank becomes the first lender in Viet Nam to enable QR Code payment using UnionPay cards.

From next month, Sacombank UnionPay credit cardholders can use their mobile devices to scan their QR codes in many foreign countries.

Holders of UnionPay cards issued by other banks can also make payments at merchants accepting QR code payments.

Besides, Sacombank and UnionPay International will offer new services such as: UnionPay online payment (UPOP) and 3D secure authentication when making online payments.

Last year, Sacombank’s card operations won several awards including for bank with most effective merchant network, development of new technology, leading bank in implementing contactless payment technology, and QR code payment technology. — VNS

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