Sacombank wins five awards from Visa for its card business performance and service development — Photo courtesy of the bank

Sacombank received five awards for card business performance and card service development at the Visa Client Forum last week.

The five awards were for leadership in acceptance network coverage, leadership in merchant sales volumes, leadership in commercial card-based, outstanding growth in payment volumes, and pioneer in efficiency improvement for 2022

Sacombank is winning these prestigious awards for a sixth year in a row.

With its ambition to become a leading retail bank, Sacombank has constantly invested in and launched many multi-utility card products to meet the diverse payment needs of customers.

It issues a wide range of Visa cards (credit cards, payment cards, prepaid cards) from ordinary to high-end ones such as Visa Standard, Visa Platinum, Visa Signature, and Visa Infinite.

Sacombank has also integrated modern payment technologies such as contactless payment, QR payment based on international EMV standards and Tap to Phone that accepts contactless payments by using mobile phones as card terminals to optimise utility, increase security and reduce payment time for Visa cardholders.

In October last year Sacombank was the first lender in the country to launch Visa Direct Outbound which enables Sacombank Visa debit cardholders to transfer money to Visa cards issued by any overseas bank at competitive rates.

Besides, Sacombank Visa corporate card is a solution to separate personal and business spending, restrict cash transactions and meet the short-term capital needs of businesses of up to VND5 billion (US$201,400) with 55 days of interest-free credit, and offers a variety of specific offers for businesses.

Sacombank Business Reporting also helps businesses effectively manage costs and reduce manual reporting procedures. — VNS