VNPT-Media and Visa will focus on key areas, providing advanced digital payment solutions by integrating leading Visa technologies, Pay by Wallet payment solutions and the channel- integrated payment system into the VNPT Money digital financial ecosystem.
Also within the framework of this strategic cooperation, the two sides will coordinate to develop innovative payment strategies, in line with Vietnam's National Digital Infrastructure Planning to 2030. In particular, the application of the Government Visa Solution will help increase transparency, security and efficiency in public sector transactions, meeting the specific needs of government activities.
In particular, the two sides also focused on supporting the digitalization of small and medium enterprises (SMBs). By exploiting detailed information from data to build alternative credit risk scoring mechanisms, Visa and VNPT-Media will help SMBs easily access capital.
This initiative is expected to encourage financial institutions to expand funding opportunities, thereby empowering SMBs to develop and contribute to economic growth.
