SeABank and Visa Join Hands To Advance Digital Payments By CIOTechOutlook Team

SeABank and Visa Join Hands To Advance Digital Payments

CIOTechOutlook Team | Thursday, 30 May 2024, 09:26 IST

Southeast Asia Business Joint Stock Bank and Visa Inc, a leader in digital payment technology bolster their extensive cooperative collaboration by an essential cooperation agreement on creating digital payments. This collaboration means to work with SeABank's conveyance of the best arrangements, improvement of data capacity and ability to open up new open doors for progressions, consequently speeding up SeABank's payment services development strategy.

Visa and SeABank keeps on carrying out successful procedures to advance digital payments through 5 fundamental support points including: Further developing customer experience venture on digital platforms; Further developing card items and administrations; Streamlining the card service ecosystem on digital platforms; Further developing productivity and imagination in promoting and communication activities; Further developing risk and fraud management in card issuance and installment.

Mr. Stephen Karpin (President of Visa, Asia-Pacific Region) shared at the signing ceremony: "We are honored to cooperate with SeABank in actualizing our commitment of enhancing Vietnam's digital payment ecosystem. Partnerships are the key in our journey of supporting banks in improving customer experience and strengthening risk management capacity. Visa is committed to partner with SeABank to obtain the Bank's long-term goals and make further achievements".

Madame Nguyen Thi Nga (Permanent vice Chairman of the BOD of SeABank) shared: "As part of our Digital Convergence strategy, SeABank always prioritizes digitalization of products, services and operations. With the partnership of Visa in the recent years, SeABank has made significant changes in card services and forming increasing impression on customers. The expanded cooperation with Visa acts as a premise for SeABank to further enhance efficiency and operational safety, improve customer experience of card products and services on digital platforms".