Nam A Bank issues co-branded cards with NAPAS and Mastercard

According to Mastercard's Digital Payments Index 2024 Report, 47% of Vietnamese consumers prefer online payment tools because of their convenience and speed of payment, while 21% of consumers appreciate the security that these payment tools bring.

Mr. Nguyen Vinh Tuyen - Deputy General Director of Nam A Bank (second from left) attended the signing of the memorandum of understanding.

In particular, as international integration increases, cross-border payments become an inevitable need for customers. In response to that need, co-branded cards between NAPAS and Mastercard issued by Vietnamese banks are the optimal payment solution. With just one card, cardholders can use contactless payment features in domestic and international markets.

Nam A Bank is one of the first 9 banks in Vietnam to sign a memorandum of understanding to issue co-branded cards with NAPAS and Mastercard. Customers can use the card to make transactions at a network of more than 600,000 payment acceptance points and more than 20,000 ATMs in the NAPAS network in Vietnam and more than 130 million payment acceptance points and more than 1 million ATMs accepting Mastercard cards in the Mastercard network worldwide. In addition, the co-branded card can also be used for online payments at e-commerce sites in the international market conveniently and quickly.

Nam A Bank currently offers a variety of credit cards to best meet customer needs.

In terms of technology solutions, the co-branded card applies contactless payment technology through the integration of two standards including VCCS for NAPAS cards and M/Chip for Mastercard cards into a physical chip on the card. Thereby, helping to reduce costs, improve security and safety as well as limit the risk of fraudulent and counterfeit card transactions.

As one of the pioneer banks in card solutions, Nam A Bank has continuously diversified its card lines to best meet customers' needs. Integrating many outstanding privileges, attractive incentives... Nam A Bank card lines bring classy experiences.

Currently, Nam A Bank has also cooperated with Mastercard to issue cards such as Nam A Bank Mastercard Standard, Nam A Bank Mastercard Gold, Nam A Bank Mastercard Platinum and especially the Hapy Digital non-physical credit card with many attractive online shopping privileges. In addition, the Bank has also deployed NAPAS domestic credit cards such as: Happy Card, Happy Card Platinum.

Source: https://www.congluan.vn/nam-a-bank-phat-hanh-the-dong-thuong-hieu-voi-napas-va-mastercard-post317094.html