Representatives of Lazada and Vietcombank sign an agreement on new payment services for cross-border purchases. — VNS Photo

Online shopping platform Lazada.vn recently signed an agreement with Vietcombank in which the latter will become a payment service provider and will transfer money to Lazada’s cross-border merchants.

Under the agreement, consumers in Viet Nam are now able to use both cash-on-delivery or a credit card when buying cross-border products from Lazada.vn.

A representative of Vietcombank said the bank had made thorough preparations to offer the best services as well as working processes and staff.

With this agreement, Lazada becomes the first shopping platform permitted to apply this method in Viet Nam.

According to Lazada, the new payment method is available for its “shopping online revolution”. The programme, which began on November 9, sold 1.5 million products in the first three days.

The company has worked with many famous merchants to offer customers discounts of up to 50 per cent.

Lazada’s online shopping revolution will last to December 12. — VNS