Visa and Petrolimex cooperate to promote digital payments

NGUYỄN ĐĂNG |

Vietnam National Petroleum Group (Petrolimex) and Visa, the world's leading electronic payment technology company, have just signed a cooperation agreement to promote digital transformation in the petroleum retail industry in Vietnam. Previously, in 2022, the Petrolimex store system accepted contactless Visa payments, shortened transaction time, and improved operational efficiency at gasoline retail outlets.

The new Co-branded Card product set is designed to bring practical benefits to both consumers and businesses. Cardholders will have a quick, safe and seamless payment experience.

The program includes four main product lines: Personal Credit Card, Personal Deposit Card, Corporate Credit Card and Corporate Deposit Card. For individual users, this is a convenient financial tool, optimizing the fuel purchase experience. For businesses, especially those with large fleets, the Business Card set is expected to help simplify the payment process, effectively control costs and minimize operational risks.

Ms. Dang Tuyet Dung, Director of Visa Vietnam and Laos, shared: With this Co-branded Card program, Visa is proud to bring a safe, seamless and effective payment solution to everyone - from individual consumers to business organizations - contributing to improving the financial experience in both life and business.

Mr. Luu Van Tuyen, Member of the Board of Directors, General Director of Petrolimex, said that cooperation with Visa is an important step in Petrolimex's digital transformation roadmap.

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