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New payment service launched

Update: October, 04/2014 - 10:12
HA NOI  (VNS) — Sai Gon-Thuong Tin Commercial Bank (Sacombank) and MPOS Vietnam Technology Joint Stock Company ( say the newly introduced mobile points of sale (MPOS) service can match various devices such as smartphones and tablets connected to the Internet and 3G services at fees much lower than normal points of sale (POS).

In addition, the service does not require a minimum revenue level for users. For traditional POS, users typically have to ensure minimum transaction revenues a month, making them suitable only for medium and high-revenue businesses.

MasterCard, which introduced the MPOS service, has also announced a co-operation programme with and Sacombank to develop a strong card payment network. They will also provide payment training to customers . — VNS

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