Home Finance

Sacombank, UnionPay ink deal for QR code payment

Feb 2nd at 15:50
02-02-2018 15:50:03+07:00

Sacombank, UnionPay ink deal for QR code payment

Sacombank and UnionPay International have signed a deal for world-wide QR code payment on Sacombank UnionPay credit cards.

With this, Sacombank becomes the first lender in Viet Nam to enable QR Code payment using UnionPay cards.

From next month, Sacombank UnionPay credit cardholders can use their mobile devices to scan their QR codes in many foreign countries.

Holders of UnionPay cards issued by other banks can also make payments at merchants accepting QR code payments.

Besides, Sacombank and UnionPay International will offer new services such as: UnionPay online payment (UPOP) and 3D secure authentication when making online payments.

Last year, Sacombank’s card operations won several awards including for bank with most effective merchant network, development of new technology, leading bank in implementing contactless payment technology, and QR code payment technology.

bizhub

MOST READ

NEWS SAME CATEGORY

SeABank offers preferential loans to firms
FINANCE Feb 2nd at 08:06

SeABank offers preferential loans to firms

The Southeast Asia Joint Stock Commercial Bank (SeABank) will provide preferential loans to enterprises worth VND1.5 trillion (US$65.9 million) until March 31.

Decree allows zero-rate loans for under-special control credit institutions
FINANCE Feb 2nd at 08:04

Decree allows zero-rate loans for under-special control credit institutions

The State Bank of Viet Nam (SBV) issued a decree allowing special loans at zero per cent interest rates for credit institutions which were placed under the SBV’s...

Vietnam fears foreign investment affected by US tax bill
FINANCE Feb 1st at 09:11

Vietnam fears foreign investment affected by US tax bill

A tax overhaul passed by the U.S. Congress by the end of last year may affect Vietnam’s economy as American investors are likely to send their investment back home...

Tax sector to focus on cutting collection losses
FINANCE Feb 1st at 09:01

Tax sector to focus on cutting collection losses

The General Department of Taxation (GDT) announced its 2018 plans and last year’s results on Wednesday, focusing on implementing revenue management solutions...

ATM withdrawal fee to be lower from March
FINANCE Feb 1st at 08:52

ATM withdrawal fee to be lower from March

The National Payment Corporation of Viet Nam (NAPAS) on Tuesday announced a fee reduction for its local switching system service, interconnected by more than...

Techcombank posted US$352 million pre-tax profit
FINANCE Feb 1st at 08:38

Techcombank posted US$352 million pre-tax profit

Viet Nam Technological and Commercial Joint Stock Bank (Techcombank) reported a pre-tax profit of more than VND8 trillion (US$352 million) in 2017.

Interest rates fall in G-bond and inter-bank markets
FINANCE Jan 31st at 15:05

Interest rates fall in G-bond and inter-bank markets

Interest rates in inter-bank and G-bond markets have declined significantly despite rising capital demands ahead of Tet (Lunar New Year), the country’s biggest...

Ministries to study US tax reform
FINANCE Jan 31st at 11:18

Ministries to study US tax reform

Prime Minister Nguyen Xuan Phuc asked ministries and relevant sectors to study the effects on Viet Nam of the tax reforms US President Donald Trump signed into law...

Local banks set to expand across country in early 2018
FINANCE Jan 30th at 10:05

Local banks set to expand across country in early 2018

Many banks have planned to set up more branches and transaction offices in the early days of the new year to seize new business opportunities.

SBV urges resolution of bad loans
FINANCE Jan 30th at 09:17

SBV urges resolution of bad loans

The State Bank of Viet Nam (SBV) has issued a document asking credit institutions and branches of foreign banks to push the resolving of non-performing loans in...

Read More

Bank stocks

Insurance stocks

MOST READ

Back To Top