Apple Pay Now Available in Vietnam Through Visa – Fintech Singapore

Payment giant Visa announced that it has made Apple Pay available to its users in Vietnam in a push for cashless payments in the country.

Major banks such as Asia Commercial Joint Stock Bank (ACB), Military Commercial Joint Stock Bank (MB), Sacombank, Techcombank, Vietcombank and VPBank are among the card issuers who support Apple Pay at launch.

To use, Visa cardholders from the participating banks simply double click and hold their iPhone or Apple Watch near a payment terminal to make a contactless payment.

Every Apple Pay purchase is secure because it is authenticated with Face ID, Touch ID, or device passcode, as well as a transaction-specific, one-time unique dynamic security code. The card numbers are not stored on the device or Apple servers.

Apple Pay is accepted in grocery stores, pharmacies, taxis, restaurants, coffee shops, retail stores, and more.

Cardholders can also use Apple Pay on iPhone, iPad, and Mac to make faster and more convenient purchases in apps or on the web in Safari without having to create accounts or repeatedly type in shipping and billing information.

Dung Dang

“With the growth of mobile contactless payments in Vietnam, we think consumers will immediately embrace the convenience and security that Apple Pay offers.

Customers can add their Visa cards to Apple Pay in just a few simple steps before they can start enjoying the added benefits of a contactless payment experience that is both seamless and highly secure,”

said Dung Dang, Visa Country Manager of Vietnam and Laos.

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• Source: https://fintechnews.sg/77290/vietnam/apple-pay-now-available-in-vietnam-through-visa/