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The Sun
17 hours ago
- Business
- The Sun
Visa introduces Click to Pay with leading banks and payment facilitators in Vietnam, transforming the online shopping experience
HCMC, VIETNAM – Media OutReach Newswire – 9 June 2025 – Visa, a world leader in digital payments, is introducing its issuer-offered Click to Pay solution to the market. Military Commercial Joint Stock Bank (MB), Vietnam Technological and Commercial Joint Stock Bank (Techcombank), JSC Bank for Foreign Trade of Vietnam (Vietcombank), Vietnam Joint Stock Commercial Bank for Industry and Trade (VietinBank), and Vietnam Prosperity Joint-Stock Commercial Bank (VPBank) have been the pioneer banks in adopting the solution. For Techcombank and VPBank, Visa cardholders can experience the solution starting today. On the acceptance side, Click to Pay has been adopted by Ngan Luong Payment Gateway JSC (Alepay Gateway), and VietUnion Online Services Corporation (Payoo), Sai Gon Thuong Tin Commercial Joint Stock Bank (Sacombank), and Vietnam Joint Stock Commercial Bank for Industry and Trade (VietinBank). Click to Pay simplifies online payments by allowing cardholders to complete transactions with just a few clicks, without needing to enter lengthy card and shipping information. It provides consumers with a fast, secure and convenient checkout experience with global acceptance, as Click to Pay is now enabled in even more places where cardholders want to shop online. According to Visa's Green Shoots Radar survey, which surveyed 1,000 Vietnamese online, 99% of surveyed consumers had shopped online in the last 12 months[1], highlighting the rapid expansion of Vietnam's e-commerce sector. By using an email address or mobile number to verify identity, shoppers can bypass the traditional checkout process, eliminating the need to enter extensive details. Additionally, Click to Pay utilizes cutting-edge technology and global security standards to enhance the safety of information and transactions, providing cardholders with greater peace of mind when making online payments. Click to Pay not only saves time for customers but also reduces cart abandonment rates, benefiting both consumers and retailers. 'Visa is committed to driving innovation in the payments landscape and enabling a seamless, secure, and convenient online shopping experience for consumers. With e-commerce being so ubiquitous in everyday Vietnamese life and in line with the Vietnamese government's digitization goals, we are excited to bring this innovative solution to Vietnamese consumers through the support of our key banking partners. Click to Pay with Visa will transform the way people shop online, preparing them for the future of a more connected digital economy,' said Ms. Dung Dang, Visa Country Manager for Vietnam and Laos. Click to Pay is now available to Techcombank and VPBank Visa cardholders to enroll via the issuer's banking app or participating online merchants. Consumers can look for the Click to Pay icon at participating online merchants both domestically and abroad to enjoy a faster, more secure, and convenient checkout experience. In Vietnam, Visa has partnered with Payoo – a payment platform serving as a key intermediary for online retail networks – to integrate Click to Pay across Payoo's merchant ecosystem. Participating partners include KOI Thé, UrBox Trading, AEONESHOP, Galaxy Cinema, ACFC, Maison Online, NEM, Elsa English, GearVN, Vietrace365, Hop on Hop off, among others. In the near future, Visa cardholders who use Click to Pay at Payoo-affiliated merchants will enjoy exclusive promotional offers, helping to accelerate the shift toward a more seamless and cashless shopping experience. Shoppers on platforms such as LG Electronics Vietnam, British Council, PVI Insurance, PropertyGuru Vietnam ( Mai Nguyen Electronics, and Triumph International Vietnam can enjoy frictionless transactions, as payments are processed through the Alepay Gateway, provided by Ngan Luong Payment Gateway JSC. More merchants are expected to participate in the coming months. Click to Pay is designed to transform digital checkouts and meet EMVCo standards. It utilises the Visa Token Service (VTS) to provide multiple layers of advanced security, enhancing authorization rates and reducing fraud in digital commerce. By replacing sensitive card information, such as the 16-digit Primary Account Numbers (PANs), with tokens, VTS can reduce fraud by 58%[2] and increase authorization rates by an average of 2.5% in Asia Pacific[3], compared to PAN-based card-not-present (CNP) transactions. Click to Pay with Visa simplifies the checkout experience for customers – it's like contactless payments in-store, but for online shopping. [1] The Green Shoots Radar study is conducted quarterly by Visa to track consumer sentiments across financial services, commerce, travel, and other categories. The total sample size is 14,250 respondents across 14 Asia-Pacific countries, including Vietnam, with male and female participants aged 18 to 65 years old. [2] Visa Risk Datamart, Global FY22 Q1-A4 Token Fraud Rate vs PAN Fraud Rate by PV for merchants with over 1,000 CNP token transactions per month per country. Merchant's individual results may vary. [3] VisaNet, Oct-Dec 2022, Visa credit and debit card-not-present transactions for tokenized vs non-tokenized credentials in the AP region. Authorisation rate is defined as approved authorisations divided by total authorization attempts based upon a first attempt of a unique transaction.
Arabian Post
a day ago
- Business
- Arabian Post
Visa introduces Click to Pay with leading banks and payment facilitators in Vietnam, transforming the online shopping experience
Vietnam is first market in Southeast Asia to embrace Click to Pay, offering unmatched convenience, security, and efficiency in e-commerce transactions. HCMC, VIETNAM – Media OutReach Newswire – 9 June 2025 – Visa, a world leader in digital payments, is introducing its issuer-offered Click to Pay solution to the market. Military Commercial Joint Stock Bank (MB), Vietnam Technological and Commercial Joint Stock Bank (Techcombank), JSC Bank for Foreign Trade of Vietnam (Vietcombank), Vietnam Joint Stock Commercial Bank for Industry and Trade (VietinBank), and Vietnam Prosperity Joint-Stock Commercial Bank (VPBank) have been the pioneer banks in adopting the solution. For Techcombank and VPBank, Visa cardholders can experience the solution starting today. On the acceptance side, Click to Pay has been adopted by Ngan Luong Payment Gateway JSC (Alepay Gateway), and VietUnion Online Services Corporation (Payoo), Sai Gon Thuong Tin Commercial Joint Stock Bank (Sacombank), and Vietnam Joint Stock Commercial Bank for Industry and Trade (VietinBank). Consumers can look for the Click to Pay icon at participating online merchants both domestically and abroad to enjoy a faster, more secure, and convenient checkout experience. Click to Pay simplifies online payments by allowing cardholders to complete transactions with just a few clicks, without needing to enter lengthy card and shipping information. It provides consumers with a fast, secure and convenient checkout experience with global acceptance, as Click to Pay is now enabled in even more places where cardholders want to shop online. ADVERTISEMENT According to Visa's Green Shoots Radar survey, which surveyed 1,000 Vietnamese online, 99% of surveyed consumers had shopped online in the last 12 months[1], highlighting the rapid expansion of Vietnam's e-commerce sector. By using an email address or mobile number to verify identity, shoppers can bypass the traditional checkout process, eliminating the need to enter extensive details. Additionally, Click to Pay utilizes cutting-edge technology and global security standards to enhance the safety of information and transactions, providing cardholders with greater peace of mind when making online payments. Click to Pay not only saves time for customers but also reduces cart abandonment rates, benefiting both consumers and retailers. 'Visa is committed to driving innovation in the payments landscape and enabling a seamless, secure, and convenient online shopping experience for consumers. With e-commerce being so ubiquitous in everyday Vietnamese life and in line with the Vietnamese government's digitization goals, we are excited to bring this innovative solution to Vietnamese consumers through the support of our key banking partners. Click to Pay with Visa will transform the way people shop online, preparing them for the future of a more connected digital economy,' said Ms. Dung Dang, Visa Country Manager for Vietnam and Laos. Click to Pay is now available to Techcombank and VPBank Visa cardholders to enroll via the issuer's banking app or participating online merchants. Consumers can look for the Click to Pay icon at participating online merchants both domestically and abroad to enjoy a faster, more secure, and convenient checkout experience. In Vietnam, Visa has partnered with Payoo – a payment platform serving as a key intermediary for online retail networks – to integrate Click to Pay across Payoo's merchant ecosystem. Participating partners include KOI Thé, UrBox Trading, AEONESHOP, Galaxy Cinema, ACFC, Maison Online, NEM, Elsa English, GearVN, Vietrace365, Hop on Hop off, among others. In the near future, Visa cardholders who use Click to Pay at Payoo-affiliated merchants will enjoy exclusive promotional offers, helping to accelerate the shift toward a more seamless and cashless shopping experience. Shoppers on platforms such as LG Electronics Vietnam, British Council, PVI Insurance, PropertyGuru Vietnam ( Mai Nguyen Electronics, and Triumph International Vietnam can enjoy frictionless transactions, as payments are processed through the Alepay Gateway, provided by Ngan Luong Payment Gateway JSC. More merchants are expected to participate in the coming months. ADVERTISEMENT Click to Pay is designed to transform digital checkouts and meet EMVCo standards. It utilises the Visa Token Service (VTS) to provide multiple layers of advanced security, enhancing authorization rates and reducing fraud in digital commerce. By replacing sensitive card information, such as the 16-digit Primary Account Numbers (PANs), with tokens, VTS can reduce fraud by 58%[2] and increase authorization rates by an average of 2.5% in Asia Pacific[3], compared to PAN-based card-not-present (CNP) transactions. Click to Pay with Visa simplifies the checkout experience for customers – it's like contactless payments in-store, but for online shopping. [1] The Green Shoots Radar study is conducted quarterly by Visa to track consumer sentiments across financial services, commerce, travel, and other categories. The total sample size is 14,250 respondents across 14 Asia-Pacific countries, including Vietnam, with male and female participants aged 18 to 65 years old. [2] Visa Risk Datamart, Global FY22 Q1-A4 Token Fraud Rate vs PAN Fraud Rate by PV for merchants with over 1,000 CNP token transactions per month per country. Merchant's individual results may vary. [3] VisaNet, Oct-Dec 2022, Visa credit and debit card-not-present transactions for tokenized vs non-tokenized credentials in the AP region. Authorisation rate is defined as approved authorisations divided by total authorization attempts based upon a first attempt of a unique transaction. Hashtag: #Visa #ClickToPay 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
The Star
24-05-2025
- Business
- The Star
Agricultural Promotion Bank leads financial innovation in Laos with Visa for seamless cross-border payments
- Photo: Vientiane Times/ANN VIENTIANE: The Agricultural Promotion Bank Co., Ltd. (APB) is reinforcing its position as a leader in financial innovation through a collaboration with Visa, a global pioneer in digital payments. By adopting Visa B2B Connect, APB is enhancing its cross-border payment capabilities with a secure, efficient, and transparent solution designed for modern business needs. The launch on April 30 of APB World-Remit enabled by Visa B2B Connect marks a significant step in improving the way Lao businesses handle international transactions. This platform enables direct bank-to-bank transfers, increases transparency, and allows clients to track payments in near real-time, delivering greater speed, accuracy, and confidence in every transaction. Managing Director of APB, Philavanh Sophabmixay, said "This collaboration with Visa aligns perfectly with APB's commitment to advancing digital financial services and contributing to sustainable economic development in Laos. "Guided by our 'Swift, Complete, Accessible' strategy, we're creating an integrated ecosystem that supports corporate clients with smart tools for payments, liquidity, and real-time international fund management." - Photo: Vientiane Times/ANN He also noted that APB World-Remit with Visa B2B Connect supports a broad range of foreign currencies and is available in more than 110 countries and territories, strengthening APB's role in connecting Lao businesses to international markets. Visa Country Manager for Vietnam and Laos, Dung Dang, said "We are pleased to support APB in enhancing cross-border transactions for businesses in Laos. "The adoption of Visa B2B Connect will provide Lao businesses with a robust solution for managing international payments more effectively. "This collaboration highlights our commitment to fostering innovation and offering seamless financial solutions that cater to the evolving needs of our clients and partners in Laos." This collaboration is part of APB's wider Digital Remittance Solutions initiative, focused on expanding global service offerings through forward-looking technology and strong strategic collaborations. Corporate customers can now access cross-border payment services via the APB Business platform. - Vientiane Times/ANN
The Sun
21-05-2025
- Entertainment
- The Sun
Visa announces its role as Official Payment Partner for K-Star Spark in Vietnam
HCMC, VIETNAM - Media OutReach Newswire - 21 May 2025 - Visa, a global leader in digital payments, has announced its role as the Official Payment Partner for the K-Star Spark in Vietnam – presented by VPBank, set to take place on June 21, 2025, at My Dinh National Stadium in Hanoi, Vietnam. The K-Star Spark in Vietnam – presented by VPBank, organized by Ravolution Asia and with VPBank as the Title Sponsor, offers Vietnamese youth a chance to immerse themselves in the world of K-Pop. The lineup includes renowned artists like G-Dragon, CL, DPR IAN, TEMPEST, and tripleS. This collaboration with Ravolution Asia, a leading music festival organizer, marks Visa's first local music sponsorship in Vietnam, demonstrating its commitment to connecting with Gen Z and Millennials through their love for music. Visa's Gen Z Decoded Report[1] reveals that music is a major passion for Gen Z in Vietnam, with 64% highly engaged in it. Concerts are a popular way for Gen Z to connect, with those interested in music attending nearly two live events annually. A significant 95% of these fans show a strong interest in merchandise at live events, preferring clothing and posters, and they can easily purchase these items using debit cards and digital payments.[2] The K-Star Spark in Vietnam – presented by VPBank offers a unique opportunity to connect with this tech-savvy audience. Through this collaboration, Visa aims to enhance payment convenience, security, and speed, solidifying its leadership in digital payments. As the Official Payment Partner of this event, Visa adds to the excitement by offering an attractive promotion of a 10% discount on all Visa card purchases for event tickets through the official ticketing partner, available during the presale at 2:00 PM on May 20th and the public sale at 2:00 PM on May 21st.[3] 'We are honored to be the Official Payment Partner for K-Star Spark in Vietnam – presented by VPBank. This sponsorship underscores Visa's dedication to supporting cultural and entertainment activities while engaging with Gen Z in Vietnam,' said Ms. Dung Dang, Country Manager of Visa Vietnam and Laos. 'By enhancing the concert experience with our seamless and secure digital payment solutions, we aim to provide fans with greater convenience and enjoyment. We believe this collaboration will not only contribute to the success of Ravolution Asia but also offer our clients with sponsorship opportunities on an international scale. This marks a significant step forward in Visa's sustainable development journey with its partners in the Asian market.' In recent years, by aligning with our consumers' passion points, Visa has actively engaged in sponsorships across both music and sports. The K-Star Spark in Vietnam – presented by VPBank marks the first in a series of five music events in 2025 by Ravolution Asia that Visa is collaborating on. [1] Visa's Gen Z Decoded Report, commissioned by Visa's Asia Pacific Insights & Analytics team, involved interviewing Gen Z consumers in Vietnam as part of a qualitative study. [2] Same report as above. [3] Terms and conditions applied – Cticket | Offers | Visa. 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
