VPBank Finance Company Limited (FE CREDIT) recently announced the launch of Samsung Pay for its cardholders, to mainstream mobile payments in a market with negligible NFC penetration. FE CREDIT cardholders can now pay through Samsung Pay at any card accepting terminal in Vietnam or anywhere in the world, without requiring NFC capability at the merchant.
With a few easy steps, FE CREDIT cards can now be linked to the Samsung Pay application. Cardholders can then start transacting with their mobile phone without requiring their physical card or wallet. This enables even small ticket payments like groceries & taxi fare.
FE CREDIT has its own rewards program Everyday Rewards Plus. Through Samsung Pay, cardholders will receive a double dip benefit of Everyday Rewards Plus Points along with Samsung Reward Points.
Mr. Kalidas Ghose, CEO of FE CREDIT said, “FE CREDIT believes in harnessing technology to create unique propositions for our valued customers. The FE CREDIT Samsung Pay launch is one more example of this ongoing effort.”
Mr. Nimish Dwivedi, Credit Card Business Center Director of FE CREDIT continued, “FE CREDIT aims to provide first time card users with an unprecedented level of convenience. Now with Samsung Pay, they can use their mobile phone to pay at any card accepting terminal in Vietnam or internationally in a flash, without requiring their physical cards.”
About FE CREDIT
A pioneer in Consumer Finance, FE CREDIT has established a solid foundation to become the market leader in consumer lending. FE CREDIT has also emerged as one of the leading credit card issuers in Vietnam. FE CREDIT currently provides consumer lending services such as personal loans, two-wheeler loans, consumer durable loans and credit cards. FE CREDIT has served almost 10 million customers, co-operating with 8.400 partners across 12,200 sales outlets nationwide.
The development was reported by prnewswire.co.in