Sacombank expands cross-border QR code payment facility to Laos

Jan 20th at 13:41
20-01-2025 13:41:06+07:00

Sacombank expands cross-border QR code payment facility to Laos

After Thailand and Cambodia, it is now Laos where Vietnamese can now use the Sacombank Pay app to scan QR codes to make payments.

Sacombank offers cross-border QR code payment services in Laos. — Photo courtesy of the bank

Customers using Sacombank Pay can carry out transactions at merchants’ that are part of the Lao National Payment Network.

Customers will get transaction and foreign currency conversion fees waived as they use funds from their Sacombank Napas domestic debit/credit cards.

“Sacombank continues to be a pioneering bank in launching payment connection services via QR codes with Laos,” a Sacombank spokesperson said.

“We believe this initiative will facilitate trade activities and promote economic and tourism development in both countries.” 

Bizhub



NEWS SAME CATEGORY

Private lender appeals ruling on $1.8 million reimbursement

A private lender is appealing a court decision requiring it to reimburse a client for nearly VNĐ47 billion (US$1.83 million) in unauthorised withdrawals from her...

Interbank transfers to be suspended during holiday

Internal transfers will operate normally.

Banks race to divest financial stakes

Foreign banks and investors are projected to deepen their foothold in Vietnam’s consumer credit market, driven by low penetration rates compared to the region...

PVcomBank and ACCA collaborate in developing high-quality human resources

The ceremony to award the "ACCA Approved Employer" certification and the signing of a memorandum of cooperation between the Association of Chartered Certified...

Certifications acknowledge financial improvements

Two financial institutions in Vietnam have earned certification from the Association of Chartered Certified Accountants, demonstrating their commitment to...

Banks step up capital mobilisation policies

According to statistics, 7 banks, including Agribank, Bac A Bank, NCB, MBV, Eximbank, KienLongBank and VietBank, have so far this year increased mobilisation...

HDBank undertakes mandatory transfer of DongA Bank

The State Bank of Vietnam (SBV) announced a decision on January 17 to implement the mandatory transfer of DongA Bank to HDBank under a plan approved by the...

HDBank officially undertakes mandatory transfer, beginning a period of stability and growth for DongA Bank

Following the transfer, DongA Bank will operate as a single-member limited liability bank fully owned by HDBank, ensuring all rights of depositors and customers are...

​Vietnam central bank announces 2 more bank takeovers

The State Bank of Vietnam (SBV) has required lenders VPBank and HDBank to take over the underperforming GPBank and DongA Bank, respectively.

​Developing Ho Chi Minh City into int’l financial center should begin with small changes: Dragon Capital chairman

The development of an international financial center (IFC) in Ho Chi Minh City is a long-term journey. It is not impossible, but it requires a well-thought-out...

Bank stocks

Insurance stocks


MOST READ


Back To Top