
Visa advances digital payments in Vietnam with Cashless Day 2025 and innovative payment solutions
Strategic partnerships and nationwide events make cashless payments more accessible and beneficial for all Vietnamese consumers
The new Click to Pay solution, seamless e-wallet integration, and exclusive Visa promotions offer faster, easier, and more rewarding ways to pay every day
HCMC, VIETNAM – Media OutReach Newswire – 13 June 2025 –Visa, a global leader in digital payments, is reinforcing its commitment to Vietnam's national digital transformation by partnering with the Cashless Day 2025 campaign . This annual series of activities is organized by Tuoi Tre Newspaper under the direction of the State Bank of Vietnam.At the conference themed 'Cashless Payments Driving the Digital Economy' on June 14, Visa will present regional case studies on a variety of solutions aimed at making cashless payments more convenient across the public sector, enterprises, and for individual users. These include the use case of Diia, the digital citizen application in Ukraine empowered with Visa credentials to enable the digitization of public services payment and to accelerate government support for underserved communities; Visa Accept, which enables micro-sellers to accept electronic payments easily; and the integration of Visa as a funding source in Vietnam's most popular e-wallets enhancing the overall customer experience.Visa's involvement extends beyond the Conference, with a series of partner collaborations and communication initiatives throughout the campaign period. During the Cashless Festival – Ting Ting Day, to be held from June 14 to 15, Visa will co-host engaging activities such as digital experiences, voucher giveaways, and promotional gifts to encourage the adoption of cashless payments via the UrBox loyalty platform, alongside Starbucks promotions for contactless and mobile payments at the Ting Ting Life area. As a leading digital rewards provider, UrBox partners with Visa on the UP Rewards program, enabling cardholders to link their Visa card, earn up to 20% back in points at over 300 merchants, and redeem them for eVouchers from more than 600 brands. In the Ting Ting Wow space, in collaboration with Shinhan Bank Vietnam , Visa will also showcase solutions for small and medium-sized businesses at a dedicated booth, helping business owners better manage their finances, optimize spending, collect reward points, and access premium services."Digital payments and mobile solutions are playing a vital role in powering Vietnam's booming digital economy, and we're committed to driving this growth through our technology. Visa is proud to support the Vietnamese government, our clients, and partners in their digital transformation journey. Through our payment initiatives, we aim to help build an inclusive financial ecosystem where everyone can access safe and convenient digital payment services," saidWith its vision to be 'the best way to pay and be paid,' Visa continues to strengthen its partnerships in Vietnam, particularly with banks, leading technology companies and innovators in public services. Through Visa Government Solutions , Visa is enhancing transparency and efficiency in public sector transactions, supporting e-government services and smart transportation infrastructure.Further demonstrating its commitment to digital security, Visa participated in the Vietnam Security Summit 2025 . At the event,, discussed key regulatory priorities for the Asia Pacific region, with a focus on consumer protection, data security, and the resilience of national payment systems. The session also highlighted Visa's ongoing efforts to improve payment security through advanced fraud detection, regulatory collaboration, and technological investment.Visa recently unveiled several groundbreaking product innovations and strategic collaborations at the Visa Asia Pacific Media Showcase to usher in the next generation of commerce across the region. Notably, Click to Pay is now live in Vietnam, enabling Techcombank and VPBank Visa cardholders to enjoy seamless online shopping experiences with participating merchants. Visa also announced the upcoming launch of Flex Credential, a new solution for the Vietnamese market that offers consumers greater flexibility over their spending.To coincide with the early launch of the Vietnam Grand Sale 2025 by the Department of Industry and Trade, Visa is offering exciting promotions , including 20% off when paying with a Visa card at six brands under the Golden Gate restaurant chain , discounts at ACFC brand stores, and special ride-hailing promotions with Be Grab , and Xanh SM for travel between all stations on Ho Chi Minh City's Metro Line 1.Through Cashless Day 2025 , Visa once again affirms its role as a strategic partner in connecting stakeholders – ranging from Government and businesses to consumers – to realize the national goal of digital payments, while expanding financial access for the community.Hashtag: #Visa #CashlessDay #FinancialInclusion #Digitalization
The issuer is solely responsible for the content of this announcement.
About Visa
Visa (NYSE: V) is a world leader in digital payments, facilitating transactions between consumers, merchants, financial institutions and government entities across more than 200 countries and territories. Our mission is to connect the world through the most innovative, convenient, reliable and secure payments network, enabling individuals, businesses and economies to thrive. We believe that economies that include everyone everywhere, uplift everyone everywhere and see access as foundational to the future of money movement. Learn more at Visa.com.
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


The Star
2 hours ago
- The Star
JCB, American Express contactless payments accepted at Beijing subway
BEIJING, June 15 (Xinhua) -- Beijing's urban rail transit system has made available contactless fare payments using overseas-issued JCB cards and both domestically and internationally-issued American Express cards, authorities said Sunday. The new service covers all 29 subway lines, including two airport lines, as well as the suburban railway S2 Line, according to the Beijing Municipal Commission of Transport. Passengers can simply tap their bank cards on the fare gate sensors for instant access without purchasing tickets or downloading apps in advance. This upgrade follows the Mastercard and Visa payment in September 2024, further enhancing convenience for domestic and international travelers. Beijing Subway has now accepted UnionPay, Mastercard, Visa, JCB and American Express. The easier payment is one of the measures adopted to facilitate foreign nationals traveling to China, as the country has been expanding its visa-free policy to welcome more foreign visitors. In 2024, international travelers made 64.88 million cross-border trips to China, up 82.9 percent year on year. More than 20 million of these were visa-free entries, marking a 112.3 percent increase from the previous year, the National Immigration Administration revealed.


Free Malaysia Today
5 hours ago
- Free Malaysia Today
Asia plays key role in driving innovation for energy transition, says Petronas VP
Petronas's vice-president of corporate sustainability, Charlotte Wolff-Bye, said countries must work together towards energy transition because it is a 'global issue and a global opportunity'. (Facebook pic) BANGI : Asia plays a pivotal role in driving innovation and sustainable growth for energy transition, said Petroliam Nasional Bhd's (Petronas) vice-president of corporate sustainability, Charlotte Wolff-Bye. She said there is a critical need for global collaboration to accelerate energy transition. 'We talked about climate change, and this is not a core competence of the oil and gas sector. Clearly, we must collaborate across sectors – with academia, not-for-profit organisations, and also across borders. 'It's very clear that this is a global issue and a global opportunity. So we must work together,' she told reporters at a media outreach programme on energy transition and sustainability here today. Wolff-Bye was responding to a question on the importance of cooperation between China and Malaysia, as well as China and Asean, in energy transition. She said China has a critical role to play, not only as the world's largest emitter of carbon emissions, but also as a country with some of the greatest opportunities in decarbonisation. 'Of course, so much innovation and good-scale economics are coming out of China, particularly around renewables and electric vehicles. All of us will benefit from that,' she said, adding that every country must step up, though each faces its own unique trajectory and political pressures. She noted that Malaysia is well-positioned to deepen its partnership with China and other regional players in advancing sustainability goals. 'We have a very strong collaboration with China, and other countries also have robust partnerships with our Chinese counterparts. So I think this is fertile ground for further cooperation and innovation,' she said. Wolff-Bye said Petronas had signed memorandums of understanding with various partners in Southeast Asia, including China, to foster greater research and innovation. She noted that Asia's growing population and resource demands further underline the urgency of adopting sustainable practices. 'It is a golden opportunity for Asia because the region continues to grow in demographics. So, it's important. There is demand not just for energy, but also for natural resources. But we can't consume natural resources the way we used to,' she said. Wolff-Bye emphasised that ensuring energy security was a core mandate for Petronas, not only for the nation, but also for the customers it serves. 'That's why we closely monitor developments within Malaysia and work collaboratively with the entire energy ecosystem to model energy demand and determine the role we need to play. 'We are also looking at how much more domestic gas we need to produce, and whether we also need to resort to imports and so on. This is something we monitor very closely, and it's central to our core purpose because, of course, there is no economic growth without energy,' she said. The media outreach programme was organised by Petronas ahead of the Energy Asia 2025 conference, which will take place from June 16 to 18.

Malay Mail
11 hours ago
- Malay Mail
Sources: US-China trade truce shaky as military-use rare earth export dispute remains unresolved
China withholding export of certain military-use rare earth materials China negotiators in London appeared to link rare earths export to US AI chip curbs Trump administration faces challenges due to China's rare earths control US signalled possible extension to current tariffs beyond August 10 deadline, sources say BEIJING, June 15 — The renewed US-China trade truce struck in London left a key area of export restrictions tied to national security untouched, an unresolved conflict that threatens a more comprehensive deal, two people briefed on detailed outcomes of the talks told Reuters. Beijing has not committed to grant export clearance for some specialised rare-earth magnets that US military suppliers need for fighter jets and missile systems, the people said. The United States maintains export curbs on China's purchases of advanced artificial intelligence chips out of concern that they also have military applications. At talks in London last week, China's negotiators appeared to link progress in lifting export controls on military-use rare earth magnets with the longstanding US curbs on exports of the most advanced AI chips to China. That marked a new twist in trade talks that began with opioid trafficking, tariff rates and China's trade surplus, but have since shifted to focus on export controls. In addition, US officials also signalled they are looking to extend existing tariffs on China for a further 90 days beyond the August 10 deadline agreed in Geneva last month, both sources said, suggesting a more permanent trade deal between the world's two largest economies is unlikely before then. The two people who spoke to Reuters about the London talks requested not to be named because both sides have tightly controlled disclosure. The White House, State Department and Department of Commerce did not immediately respond to requests for comment. China's Foreign and Commerce ministries did not respond to faxed requests for comment. President Donald Trump said on Wednesday the handshake deal reached in London between American and Chinese negotiators was a 'great deal,' adding, 'we have everything we need, and we're going to do very well with it. And hopefully they are too.' And US Treasury Secretary Scott Bessent said there would be no 'quid pro quo' on easing curbs on exports of AI chips to China in exchange for access to rare earths. China chokehold But China's chokehold on the rare earth magnets needed for weapons systems remains a potential flashpoint. China dominates global production of rare earths and holds a virtual monopoly on refining and processing. A deal reached in Geneva last month to reduce bilateral tariffs from crushing triple-digit levels had faltered over Beijing's restrictions on critical minerals exports that took shape in April. That prompted the Trump administration to respond with export controls preventing shipments of semiconductor design software, jet engines for Chinese-made planes and other goods to China. At the London talks, China promised to fast-track approval of rare-earth export applications from non-military US manufacturers out of the tens of thousands currently pending, one of the sources said. Those licenses will have a six-month term. Beijing also offered to set up a 'green channel' for expediting license approvals from trusted US companies. Initial signals were positive, with Chinese rare-earths magnet producer JL MAG Rare-Earth, saying on Wednesday it had obtained export licences that included the United States, while China's Commerce Ministry confirmed it had approved some 'compliant applications' for export licences. But China has not budged on specialised rare earths, including samarium, which are needed for military applications and are outside the fast-track agreed in London, the two people said. Automakers and other manufacturers largely need other rare earth magnets, including dysprosium and terbium. Big issues remain The rushed trade meeting in London followed a call last week between Trump and Chinese leader Xi Jinping. Trump said US tariffs would be set at 55 per cent for China, while China had agreed to 10 per cent from the United States. Trump initially imposed tariffs on China as punishment for its massive trade surplus to the United States and over what he says is Beijing's failure to stem the flow of the powerful opioid fentanyl into the US Chinese analysts are pessimistic about the likelihood of further breakthroughs before the August 10 deadline agreed in Geneva. 'Temporary mutual accommodation of some concerns is possible but the fundamental issue of the trade imbalance cannot be resolved within this timeframe, and possibly during Trump's remaining term,' said Liu Weidong, a US-China expert at the Institute of American Studies, Chinese Academy of Social Sciences. An extension of the August deadline could allow the Trump administration more time to establish an alternative legal claim for setting higher tariffs on China under the Section 301 authority of the USTR in case Trump loses the ongoing legal challenge to the tariffs in US court, one of the people with knowledge of the London talks said. The unresolved issues underscore the difficulty the Trump administration faces in pushing its trade agenda with China because of Beijing's control of rare earths and its willingness to use that as leverage with Washington, said Ryan Hass, director of the John L. Thornton China Center at the Brookings Institution. 'It has taken the Trump team a few punches in the nose to recognise that they will no longer be able to secure another trade agreement with China that disproportionately addresses Trump's priorities,' Hass said. — Reuters