Visa launches Apple Pay in Vietnamese market

Visa, a world leader in digital payments, has recently launched Apple Pay in the Vietnamese market.

The move is seen as a major milestone for in the advancement of cashless payments in the country and will see major banks supporting the service from its launch, including Asia Commercial Joint Stock Bank (ACB), Military Commercial Joint Stock Bank (MB), Sacombank, Techcombank, Vietcombank and VPBank. 

For the first time-ever, Customers will now be able to use Apple Pay with their Visa card and experience a seamless and secure payment method, further enhancing the convenience of digital transactions. 

Ms. Dung Dang, Visa Country Manager of Vietnam and Laos said: “With the growth of mobile contactless payments in Vietnam, we think consumers will immediately embrace the convenience and security that Apple Pay offers. 

“Customers can add their Visa cards to Apple Pay in just a few simple steps before they can start enjoying the added benefits of a contactless payment experience that is both seamless and highly secure.” 

In other news from the Vietnamese FinTech space, GIMO a social impact FinTech startup based in Hanoi recently revealed that it successfully landed $17.1m Series A funding round. 

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