The Vietnamese lender claims that the card will allow consumers and businesses to make secure online shopping from any e-commerce web portal which accepts Visa cards.
In order to fulfill the demand for a easy, safe and convenient online pay channel, the bank has rolled out the virtual ‘E-Fast On Visa Prepaid Card’ in association with Visa.
A one-time-load virtual card is available at Vietin Bank website, which can be bought online using existing credit or debit card, can be loaded with desired amount used to execute shopping online anywhere in the globe.
Under the terms of the agreement, the lender has integrated the new payment processing platform into its existing infrastructure, so that it could easily produce and manage the cards.
The adoption of Yalamanchili’s payment processing software has enabled the lender to debit any bank account that is supported by OnePay.
Founded in 1988, following separation from State Bank of Vietnam, VietinBank is a government-owned commercial bank of Vietnam, and its total assets accounting for over 20% of the market share of the whole Vietnamese banking system.