E-wallet SmartPay, CIMB Bank unveil tie-up

E-wallet SmartPay has signed an agreement with CIMB Bank that makes it simpler for its customers to open accounts with the bank. — Photo Courtesy of SmartPay

HCM CITY— E-wallet SmartPay has tied up with CIMB Bank making it more convenient for its customers to open accounts with the latter.

Individual customers, especially small traders in rural areas, could conveniently open bank accounts with eKYC and access online financial services offered by CIMB Bank.

SmartPay has more than 300,000 merchants and 1.5 million individual customers across the country.

The National Financial Inclusion Strategy approved by the Government earlier this year targets at least 80 per cent of adults having transaction accounts at banks or other financial organisations by 2025.

Following the agreement, customers can also use CIMB accounts to top up their SmartPay e-wallet. The bank has tie-ups with Vietnam Post and Viettel Store, which cover almost all villages across the country, and they can go to the latter's outlets for topping up. — VNS

Tags E-wallet SmartPay CIMB Bank accounts

Winners of the 10th PropertyGuru Vietnam Property Awards announced

Economy

Hà Nội to host 2024 e-commerce and digital economy forum on November 21

Economy

HCM City aims to become Southeast Asian logistics hub

Economy

PM urges IMF to continue supporting Việt Nam's macroeconomic development

Economy

Amending the Law on Electricity to unlock resources for energy security and net zero emissions

Economy

The urgent need for further reforms

More on this story

Economy

Master plan for a competitive power market

A power development plan for 2021-30 with a vision to 2045 would not only meet electricity demand but also more importantly create a strong association between Việt Nam and other countries in the region towards a competitive power market.

Economy

Seafood stocks enjoy growth despite falling profits

Seafood stocks posted gains despite falling profit earnings thanks to the ratification of the EU-Vietnam Free Trade Agreement (EVFTA).

Economy

$4 billion LNG project helps Bạc Liêu lead in FDI attraction

Bạc Liêu ranked first among 63 provinces and cities in term of foreign direct investment (FDI) attraction in the first nine months of this year, with projects including an LNG-to-power project worth US$4 billion from Singapore, according to the Foreign Investment Agency (FIA).

Economy

Vietnamese textile and garment products may face EAEU safeguard duties

Many Vietnamese textile and garment products may face safeguard duties in 2020 from the Eurasian Economic Union (EAEU) as the export volume to this economic bloc is at the risk of exceeding the trigger in the Việt Nam-EAEU free trade agreement.

Economy

Masan to inaugurate 2nd meat processing complex

MEATDeli Sài Gòn Co., Ltd, a subsidiary of Masan MEATLife, has completed construction of a meat processing plant in Long An Province and will commission it next month.

Economy

New coastal economic zone set up in Quảng Ninh

Prime Minister Nguyễn Xuân Phúc recently signed a decision on the establishment of the coastal Quảng Yên Economic Zone in the northern province of Quảng Ninh.

Economy

New decree lifts sentiment, extends market rally

Vietnamese shares rebounded on Monday as market sentiment remained positive, following a new decree released last week to cut tax for virus-hit businesses.

Economy

Real estate developers interested in emerging markets

There is a trend of real estate developers moving their investments from big cities of Hà Nội and HCM City to other localities, experts have said.

Economy

Footwear industry expects more export opportunities by year-end

The domestic leather and footwear industry still has a chance to increase exports from now to the end of the year, but it will be unable to reach its export target of US$24 billion this year due to the COVID-19 pandemic, according to the Ministry of Industry and Trade (MoIT).