Payoo connected with Banknetvn

Vietnam National Financial Switching Joint – Stock Company (Banknetvn) and VietUnion Online Services Corporation (VietUnion) signed cooperation agreement no 48/2010 to implement e-payment services. Accordingly, customers who have accounts at Banknetvn’s member banks easily deposit money into Payoo e-wallet accounts so that they can pay goods online, pre-paid mobile phone service, monthly bills,…

Beside payment method via internet, two partners also focus on developing terminal transaction channel based on mobile phone in order to catch new trends in the future.

 

Mr Nguyen Hoang Ly, CEO of VietUnion said: “Bank is one of three important communities in our strategy (the remaining communities are customers and businesses/issuers). Payoo has connected with such major banks as Vietcombank, DongAbank, Navibank, LienVietbank,… We are so proud of signing agreement with Banknetvn – a national financial switching organization with many major contributions for the development of Vietnam banking system. We absolutely believe that the connection with Banknetvn will reduce a lot of time and effort for building up infrastructure to concentrate on enhancing service quality, supporting customers and providing technical infrastructure to more issuers as well as e-commerce businesses”.

 

VietUnion has built up successfully Payoo e-wallet connected to banks, issuers/businesses and major customers-end users. Mr Ngo Ngoc Dong, General Director of Banknetvn said: “After being selected as the unit to set up national payment card switching center by the State Bank, Banknetvn determines to build up successfully e-commerce gateway and expand the network of issuers, intermediary payment organizations in order to satisfy customers’ e-commerce payment needs. VietUnion is one of strategic partners as well as an intermediary payment organization aimed by Banknetvn. Connecting successfully to Payoo, Banknetvn and VietUnion together accelerate the development of e-commerce in Vietnam”.