Techcombank launches Visa Eco card to track carbon footprint

Nov 5th at 08:06
05-11-2024 08:06:34+07:00

Techcombank launches Visa Eco card to track carbon footprint

Techcombank officially launched the Techcombank Visa Eco card (Eco card) on November 4. This is Việt Nam’s first eco-friendly payment card that enables customers to track their carbon footprint, promoting sustainable, green lifestyles.

Techcombank officially launched the Techcombank Visa Eco card on November 4, 2024. — Photo courtesy of Techcombank.

The Eco card, powered by Visa's advanced technology, allows customers to measure greenhouse gas emissions (CO₂e) generated by each transaction. Customers can monitor emissions in various consumption categories through an overview chart and offset their carbon footprint through a paid offset feature. These contributions will be directed by Techcombank to environmental projects in Việt Nam aimed at reducing CO₂e emissions, supporting sustainable development.

Customers who activate the Eco card via the Techcombank Mobile app will receive a complimentary 12-month membership in the Green SM package, saving up to VNĐ12 million (US$472) per year on transportation costs. Each month, cardholders will receive 20 discount vouchers for ride-hailing services on the SM app, including reductions on motorbike rides, standard taxis, premium taxis and delivery services.

“We’re honoured to partner with Techcombank to introduce the Eco card with meaningful green living benefits,” said Đặng Tuyết Dung, Visa's Country Manager for Việt Nam and Laos. “The Eco card is the first in Việt Nam to feature carbon footprint tracking technology, enabling users to view emissions data for each spending transaction.”

Nguyễn Anh Tuấn, Techcombank's Head of Retail, added: “The Techcombank Visa Eco card demonstrates our commitment to sustainable development alongside the community. With its practical features and values, we believe the Eco card will help customers live more sustainably and support Techcombank’s environmental projects.”

Customers can choose either a physical version made from recycled PVC or a digital card on the app, reducing plastic usage. Digital cardholders can start spending immediately after registration, pay online, add the card to digital wallets like Apple Pay, Google Pay and Samsung Pay, and withdraw cash card-free at Techcombank ATMs, free of charge. 

Bizhub





RELATED STOCK CODE (1)

NEWS SAME CATEGORY

Monetary policy flexible and stable

Vietnam’s central bank remains steadfast in implementing a proactive yet cautious monetary policy, exercising flexibility in the use of monetary tools amid recent...

SeABank builds on strong risk management formula

As of the end of Q3, SeABank recorded a 43 per cent on-year profit soar, along with several positive business indicators, driven by the bank’s solid and effective...

High real estate credit growth raises concern

There is a concern about risks that can arise as real estate credit has increased sharply in recent years, particularly by the end of September, when the real...

Banking sector prioritises support for import-export firms

Affordable bank credit has supported businesses in key sectors that drive the country’s economic growth, Nguyễn Đức Lệnh, deputy director of the State Bank of...

State Treasury withdraws over US$4.5 billion from banks in Q3

The State Treasury's deposits at three major banks have dropped by 40 per cent by the end of the third quarter, compared to the second.

MB’s nine-month credit growth outpaces industry average by 80 per cent

Military Commercial Joint Stock Bank (MB) has released its Q3/2024 financial results, highlighting a range of positive business indicators.

Ministry of Finance deploys pilot project for smart border gates

Plans are in place to improve border gates in order to ease routes for freight transport.

​Vietnam, Saudi Arabia to push for FTA, look to comprehensive partnership

Vietnam and Saudi Arabia have pledged to examine the possibility of a free trade agreement (FTA) and upgrade their bilateral relations to a comprehensive...

Digital transformation serves ABBANK well

An Bình Commercial Joint Stock Bank (ABBANK) achieved breakthroughs in transaction volumes on its digital banking platform and credit growth in the first nine...

​Vietnam to levy VAT on imports under $39.3 via e-commerce platforms: Deputy PM

Vietnam will eliminate a decision to exempt the value-added tax on products valued below VND1 million (US$39.3) each imported via e-commerce platforms, Deputy Prime...

Bank stocks

Insurance stocks


MOST READ


Back To Top