Australasia Banks Fintech Paytech

Viet Capital Bank Becomes the First Vietnamese Bank to Issue JCB Corporate Cards

Viet Capital Commercial Joint Stock Bank (Viet Capital Bank) and JCB International Co. Ltd., the international operations subsidiary of JCB Co., Ltd., the international payment brand based in Japan, recently announced the launch of Viet Capital Bank JCB Corporate Card.

Viet Capital Bank, which launched JCB Credit Cards in November 2019, becomes the first Vietnamese bank to issue JCB Corporate Cards, strengthening the strategic relationship with JCB.

Viet Capital Bank JCB Platinum Corporate Credit Card

JCB Corporate Cards offer high-security transactions with EMV(R) standard chip and 3D Secure technology. Cardholders can access JCB’s acceptance network with 35 million merchants worldwide, receive privileges at selected merchants, and enjoy customer service at JCB PLAZA, an overseas service counter. Additional cardholder features include a free lifetime annual fee, a loyalty point programme with 5 points for each VND 1,000 spent and interest-free periods of up to 55 days.

“The collaboration with JCB, a leading global credit card issuer, plays a significant measure in our strategic plan to become a versatile, modern and customer-oriented bank focused on individuals and SMEs,” said Ngo Quang Trung, CEO of Viet Capital Bank. “The Viet Capital Bank JCB Corporate Card improves on numerous features in the SME banking market. We believe the JCB Corporate Card will not only be a hit in the Vietnamese financial marketplace but also stimulate consumer interest in digital payments. Vietnamese consumer behaviour will require a trigger to accelerate the transformation from cash to cashless payments.”

Kazuma Shukuin, Chief Representative, Representative Office of JCB International (Thailand) Co., Ltd. in Ho Chi Minh City, added, “We are pleased that Viet Capital Bank is the first Vietnamese bank to issue the JCB Platinum Corporate Credit Card. Since late 2019, Viet Capital Bank has been contributing significantly to our business. Now our cooperation takes an exciting step towards the corporate sector, an important milestone in our concrete relationship with Viet Capital Bank. We strongly believe this collaboration is just starting, with upcoming opportunities for another impressive year ahead, especially after the Covid-19 challenge.”

Author

  • Tyler is a Fintech Junior Journalist with specific interests in Online Banking and emerging AI technologies. He began his career writing with a plethora of national and international publications.

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