BC Card to launch QR pay­ment ser­vice for Viet­namese

The Korea Times - - FINANCE - By Kim Bo-eun [email protected]­re­atimes.co.kr

BC Card will launch a dig­i­tal pay­ment ser­vice for Viet­namese tourists in Ko­rea, the card is­suer said Mon­day.

It joined hands with LienVi­etPostBank, Viet­nam’s largest bank in terms of num­ber of branches, to launch a QR pay­ment ser­vice here.

Viet­namese vis­i­tors to Ko­rea will be able to use the bank’s app­based pay­ment ser­vice Viviet at BC Card’s QR pay­ment af­fil­i­ate stores. They in­clude con­ve­nience store GS25, re­tailer Lotte Mart and the bub­ble tea fran­chise Gong Cha.

This elim­i­nates the need for the tourists to ex­change cur­rency.

The ser­vice will be avail­able within the first half of next year, ac­cord­ing to BC Card.

“Through co­op­er­a­tion with LienVi­etPostBank, cus­tomers vis­it­ing both coun­tries will be able to ex­pe­ri­ence a con­ve­nient dig­i­tal pay­ment sys­tem,” BC Card CEO Lee Mun-whan said.

“We will make ef­forts to be­come the No. 1 pay­ment plat­form in Asia.”

BC Card has also part­nered with the Viet­nam cen­tral bank-af­fil­i­ated Na­tional Pay­ment Ser­vice Com­pany of Viet­nam.

Cour­tesy of BC Card

BC Card CEO Lee Mun-whan, left, poses with LienVi­etPostBank Chair­man Nguyen Dinh Thang af­ter sign­ing an agree­ment to form a part­ner­ship for a dig­i­tal pay­ment plat­form, at BC Card’s head­quar­ters on Eulji-ro, Seoul, Fri­day.

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