10-8-2023 (HANOI) In a significant move towards digital transformation, Apple’s popular digital payment system, Apple Pay, has made its debut in Vietnam, becoming the third Southeast Asian country to support this service. Following its successful implementation in Malaysia and Singapore, Apple Pay’s expansion into Vietnam further solidifies its presence across more than 80 countries and regions worldwide, in collaboration with over 10,000 banking institutions.
Effective from August 8, Apple Pay offers Vietnamese consumers a seamless and secure payment experience, leveraging the convenience of mobile devices such as iPhones, Apple Watches, and web platforms. By digitalizing and replacing traditional credit or debit card transactions, Apple Pay aims to revolutionize the way people make payments at credit card terminals.
Speculation surrounding Apple Pay’s arrival in Vietnam first emerged in July, prompting several banks to work on incorporating support for the service. The introduction of Apple Pay in the country marks a significant milestone in Vietnam’s journey towards embracing digital advancements and transitioning to a cashless economy.
During its initial phase, Apple Pay has partnered with top Vietnamese banks, including Vietcombank, MB Bank, Techcombank, ACB, VPBank, and Sacombank. This collaboration will empower customers of these banks with unprecedented convenience and enhanced security while conducting transactions.
With Apple Pay’s services now available in Vietnam, customers can enjoy the convenience of making purchases using their Apple devices at various prominent retail establishments. Leading brands such as Starbucks, Phuc Long, McDonald’s, Highlands Coffee, CGV, and Winmart are among the growing list of businesses that are compatible with Apple Pay, offering Vietnamese consumers a seamless and efficient payment option.
