As the key unit of VNPT in the national digital transformation strategy, VNPT-Media has been providing the entire infrastructure and ecosystem of digital financial services associated with the digital services that VNPT Group provides to the market, including: Ecosystem of e-government services, typically the National Public Service Payment Gateway, national database on population; infrastructure of smart city services ranging from smart transportation, healthcare, education to public utility services and for people; ecosystem of digital services for individual customers and households, such as MyTV pay TV service, electronic invoices, SmartCA digital signature, etc.
Visa and VNPT-Media will focus on key areas, providing advanced digital payment solutions by integrating Visa's leading technologies, Pay by Wallet payment solutions and Unified Commerce Solutions (Cybersource) into the VNPT Money digital financial ecosystem.
This combination will open up new payment methods, enhancing the seamless and secure transaction experience for both merchants and consumers. In particular, this strategic cooperation also brings a personal financial solution for VNPT customers to easily access digital financial services and cross-border payments.
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Ms. Dang Tuyet Dung, Director of Visa Vietnam and Laos, spoke at the signing ceremony. |
In addition, within the framework of this strategic partnership, Visa and VNPT-Media will coordinate to develop innovative payment strategies, in line with Vietnam's National Digital Infrastructure Plan to 2030. In particular, the application of Visa Government Solutions will help increase transparency, security and efficiency in public sector transactions, meeting the specific needs of government operations.
The partnership between Visa and VNPT-Media also focuses on supporting the digitalization of SMEs. By harnessing data insights to build alternative credit risk scoring mechanisms, Visa and VNPT-Media will help SMEs access capital more easily. This initiative is expected to encourage financial institutions to expand funding opportunities, thereby empowering SMBs to grow and contribute to economic growth.
Ms. Dang Tuyet Dung, Visa Country Manager for Vietnam and Laos, shared: This strategic partnership demonstrates Visa’s vision to promote digital transformation, foster innovation and stimulate economic growth in Vietnam, through digital payment solutions and financial inclusion. We believe that small and medium-sized enterprises play an important role in the development of Vietnam’s economy. By applying Visa’s advanced payment technologies, we hope to support businesses to access the necessary capital, develop sustainably and contribute to the country’s overall prosperity.
VNPT-Media Deputy General Director Vu Van Trieu said: The cooperation with Visa marks a step forward in VNPT-Media's journey to bring practical values to customers and contribute to the development of Vietnam's digital economy. By integrating Visa's advanced payment solutions, VNPT hopes to provide superior payment experiences, aiming to provide personal financial solutions for customers to easily access digital financial services, thereby contributing to the country's goal of building a cashless society.
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Mr. Vu Van Trieu, Deputy General Director of VNPT-Media spoke at the signing ceremony. |
With the existing strengths of both sides, cooperation with Visa will help VNPT-Media continue to perfect and expand the digital financial ecosystem, together towards VNPT's great goal of becoming one of the country's leading technology corporations, creating a solid foundation for sustainable digital transformation in all fields and industries, contributing to promoting the development of the digital economy and digital society in Vietnam.
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