Business

Petrolimex to launch non-cash payment service

Domestic ATM card holders of 41 National Payment Corporation of Vietnam (NAPAS) member banks can pay by card at the Vietnam National Petroleum Group (Petrolimex)’s petrol stations nationwide from August 1.
Petrolimex to launch non-cash payment service ảnh 1Non-cash payment service at Petrolimex petrol station is expected to create advantages for not only businesses and banks but also customers who enjoy conveniences (Source: VNA)
Hanoi (VNA) -Domestic ATM card holders of 41 National Payment Corporation of Vietnam (NAPAS)member banks can pay by card at the Vietnam National Petroleum Group(Petrolimex)’s petrol stations nationwide from August 1.

The card payment service is connected via PG Bank’s Point-of-sale (POS) systemat Petrolimex petrol stations.

The move was announced after Petrolimex inked a cooperation agreement withNAPAS and PGBank in Hanoi on July 26.

Chairman of Petrolimex Bui Ngoc Bao said that the cooperation with NAPAS wouldraise its service quality at petrol stations nationwide and strengthenmanagement capacity and transparency as the company looks to build a modernpetrol station system.

“This is also common trend of the era of the industry 4.0, which will push thedevelopment of non-cash payment model in Vietnam. This payment model createsadvantages for not only businesses and banks but also customers who enjoyconveniences,” said Bao.

According to a report of the National Traffic Safety Committee, Vietnam hasnearly 3.2 million cars and more than 48.3 million motorbikes operating in thecountry. A majority of them use fuel supplied by Petrolimex.

With the use of ATM cards, the customers can manage their fuel costs via theirbank statements. In addition, this can also enjoy promotional programmes,including discounts when they buy fuel, Bao said.

Deputy General Director of NAPAS Nguyen Dang Hung said he expects theconnection of domestic cards between the corporation’s banking members andPetrolimex will help boost the non-cash payment model.-VNA 
VNA
#ATM card holders #Petrolimex #National Payment Corporation of Vietnam #NAPAS #Vietnam National Petroleum Group #petrol station #customers
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