After nearly a year of appearing in Việt Nam, Apple Pay has become a popular payment method, prioritised by many customers for its ease, safety, and privacy. With the presence of Apple Pay in Việt Nam, the trend of cashless...
IATA Pay in Việt Nam is powered by Standard Chartered’s Straight2Bank Pay. Through this co-creation and partnership, Standard Chartered and IATA offer the airline industry a new payment proposition.
With Apple Pay now available on VIB Mastercard, users can expect a multitude of benefits, most notably the top-tier easy, secure, and private payment features that Apple provides, ensuring the protection of personal information, transaction data and credit/debit card details.
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.
The Sacombank Pay app was honoured as an “HCM City’s exemplary product and service” by the HCM City Union of Business Associations at a ceremony on October 12 for meeting criteria like creative ideas, business efficiency and competitive strengths.
The digital payment system, Apple Pay, developed by Apple, has expanded its reach to Việt Nam, making it the third nation in Southeast Asia to support this service, following Malaysia and Singapore
This partnership is part of a comprehensive strategy from both companies to address the growing demand for digital payments in Viet Nam, a market predicted to be worth US$143 billion by 2025.
The Global Economics (TGE), a finance and business publication, recently announced Home Credit Vietnam’s Home PayLater as the winner of the Best New "Buy Now Pay Later" Platform Award.
Viet Nam’s e-commerce sector has enjoyed impressive growth in recent years, with the market scale projected to increase to US$49 billion, even $57 billion by Google, by 2025, from only $4 billion in 2015.
Most Vietnamese consumers (95 per cent) are aware of Buy Now Pay Later (BNPL) or installment plan as a payment option, though only a minority have used it in the last year, according to the Mastercard New Payments Index 2022.
Sacombank is implementing a programme called ‘Quet QR – Thanh toan tha ga’ (Scan QR code – Make unlimited payment) from August 22 to October 22 this year with many incentives on fees and cash giveaways for merchants who accept...