Funds resolution supplier BPC and Visa are bringing a brand new stage of flexibility to Vietnam’s funds scene, permitting cardholders to toggle between debit, credit score, installments, or rewards on a single card.
The launch, supported by BPC’s SmartVista platform, is among the many first Visa Versatile Credential rollouts in Vietnam.
It permits monetary establishments to problem playing cards that permit shoppers immediately select how they need to pay, whether or not by way of debit, credit score, Purchase Now Pay Later installments resembling pay-in-four, or by redeeming rewards factors.
The initiative is a part of BPC’s wider collaboration with Visa to speed up digital fee transformation throughout Asia Pacific, starting with Vietnam.
Alongside larger alternative, the expertise can be designed to simplify multi-currency transactions, assist higher budgeting, allow smarter use of rewards, and enhance spend administration.
Following the Vietnam rollout, BPC and Visa plan to increase Versatile Credential deployments to different markets within the area within the coming months.
Peter Theunis, SVP Gross sales, BPC, mentioned,
“Vietnam is likely one of the fastest-growing digital economies in Asia. Being among the many first issuer processors worldwide to certify and launch Visa Versatile Credential is a milestone for us.
SmartVista’s microservices structure means we are able to allow the service swiftly for any financial institution in Vietnam and the area, serving to issuers deliver dynamic, customer-centric propositions to their market.”