SmartPay ties up Vietcombank for QR code-based payment

Monday, May 31, 2021 16:01

E-wallet SmartPay has tied up with the Joint Stock Commercial Bank for Foreign Trade of Vietnam (Vietcombank) to enable QR code-based payment at its merchants’.

Vietcombank customers pay using QR codes at retail shops and merchants who use the E-wallet SmartPay application. Photo Courtesy of SmartPay

E-wallet SmartPay has tied up with the Joint Stock Commercial Bank for Foreign Trade of Vietnam (Vietcombank) to enable QR code-based payment at its merchants’.

Marek E. Forysiak, chairman of SmartNet Co.Ltd, the owner of SmartPay E-wallet, said: “The small- to medium-sized traditional businesses that make up the majority of the SmartPay merchant network will now be able to serve millions of mobile-ready customers from Vietcombank.

“This co-operation represents another significant development in providing advanced technology to customers and micro/small merchants in Viet Nam in line with our strategic goal of ‘Merchants Go Digital’.”

As of May 5.7 million people use the SmartPay application, including more than 600,000 merchants. — VNS