The Asian Banker Wednesday, 25 December 2024

Best Domestic Credit Card in Vietnam

5 min read

  • The winning institution’s domestic credit card allows customers to withdraw cash at any ATM nationwide while paying the lowest fee of $0.4 per transaction. 
  • 90% percent of the financial institution’s credit card approvals are digitalised, while 10% are manual due to current regulations.
  • The financial institution has issued 2.7 million NAPAS credit card transactions, accounting for more than 75% of the NAPAS system’s share. The total value of credit card transactions arising through the NAPAS switching system reached $233.3 million, accounting for 62% of the whole system.
  • For leveraging digital channels, data analytics and automation, the Best Domestic Credit Card in Vietnam is by VietCredit.
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