Sacombank offers cross-border QR code payment service in Cambodia
No longer having to worry about exchanging currency or bringing cash when going to Cambodia for travel or work, Vietnamese people can now make QR code payments via Sacombank Pay app quickly and safely at payment acceptance points in the country.
No longer having to worry about exchanging currency or bringing cash when going to Cambodia for travel or work, Vietnamese people can now make QR code payments via Sacombank Pay app quickly and safely at payment acceptance points in the country.
They can use the money from their Sacombank Napas payment or credit cards, and the transaction value is converted between Vietnamese đồng and Cambodian riel at the exchange rate calculated at the time of payment.
Customers will get transaction and foreign currency conversion fees waived.
Customers only need to have a Sacombank Napas card and a smartphone with the Sacombank Pay app pre-installed to be able to make transactions in the land of temples and towers.
“As one of the first Vietnamese banks to deploy the cross-border QR code payment service in Cambodia, Sacombank expects to contribute to creating favourable conditions in payment, trade and tourism activities between Việt Nam and Cambodia. This is Sacombank’s significant step towards contributing to achieve a common goal of strengthening cross-border payment linkage between Việt Nam and Southeast Asian countries that the State Bank of Vietnam has been proactively implementing recently," a Sacombank representative said.
Cambodia is the third market where Sacombank has successfully deployed this service, after Korea and Thailand.
Sacombank Platinum American Express cards launched
Sacombank has launched a pair of Sacombank Platinum American Express cards with privileges to diversify its card offerings and expand choices for customers, especially those who frequently travel.
The highlight of these two card products lies in their superior cash-back privileges.
Holders of Sacombank Platinum American Express credit card will get 20 per cent cash back for payments of air tickets, hotels, and travel agencies, 10 per cent for card-present transactions (POS/mPOS) abroad, 5 per cent for overseas online transactions and 0.5 per cent for domestic transactions. The maximum cash-back amount is up to VNĐ12 million per year.
In particular, Sacombank Platinum American Express credit card holders will receive global travel insurance with compensation value of up to $500,000.
Regarding the Sacombank Platinum American Express debit card, cardholders will receive 8 per cent cash back for payments of air tickets, hotels, and travel agencies and 0.5 per cent for transactions overseas. The total cash-back amount is up to VNĐ3.6 million per year.
One of the other advantages of the Sacombank Platinum American Express cards is the low foreign currency conversion fee.
The cards are integrated with EMV chip card technology, contactless technology and 3D Secure 2.0 to optimize information security and safe payment. — VNS
