Visa Viet Nam to continue to invest as e-commerce booms

Thursday, Jun 02, 2016 16:22

Sean Preston, Visa Country Manager for Laos, Viet Nam and Cambodia makes a speech at a press conference. —  VNS Photo Thu Ngan

HCM CITY (Biz Hub) – Visa Viet Nam has committed to continue to invest in the country as it sees the potential of domestic e-commerce and the increasing demand for credit and debit cards, Sean Preston, the company's country manager for Viet Nam, Laos and Cambodia, said.

Visa this year said its total transactions had increased by 34 per cent, while the number of total points of sale had risen by 38 per cent year-on-year.

The company has provided services to 45 million Vietnamese consumers, up by 47 per cent compared with the previous period.

This year, it plans to apply new technologies to help customers save time.

Visa is a global payments technology company that connects consumers, businesses, banks and governments in more than 200 nations and territories, enabling them to use digital currencies instead of cash and checks. It can handle more than 24,000 transactions per second. — VNS

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