Shinhan Bank Vietnam Limited on Thursday (June 29) signed a memorandum of understanding (MoU) with BC Card Company to establish a strategic collaboration in the development of acquiring business in Viet Nam.
BC Card, a Republic of Korea-based credit card issuer, has acquired 100 percent stake of Vietnamese point of sale (POS) terminal provider Wirecard Vietnam in a bid to expand its foothold in Southeast Asia.
TPBank has become the first bank in Viet Nam to allow all domestic cardholders to make payment and withdrawal transactions in South Korea in addition to international debit cards or credit cards.
LienVietPostBank and BC Card - the largest credit card network in South Korea on Monday in Ha Noi signed a memorandum of understanding (MoU) for co-operation to promote non-cash payment in Viet Nam.