Bank / Credit Union

Viet Capital Bank to issue JCB corporate cards

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April 21, 2021

Viet Capital Bank and JCB International Co. Ltd., the international operations subsidiary of JCB Co. Ltd., an international payment brand based in Japan, announced the launch of Viet Capital Bank JCB Corporate Card. Viet Capital Bank, which launched JCB Credit Cards in Nov 2019, is the first Vietnamese bank to issue JCB Corporate cards, according to a press release.

"The collaboration with JCB, a leading global credit card issuer, plays a significant measure in our strategic plan to become a versatile, modern and customer-oriented bank focused on individuals and SMEs," Ngo Quang Trung, CEO, Viet Capital Bank, said in the release. "The Viet Capital Bank JCB Corporate Card improves on numerous features in the SME banking market. We believe the JCB Corporate Card will not only be a hit in the Viet financial marketplace but also stimulate consumer interest in digital payments. Vietnamese consumer behavior will require a trigger to accelerate the transformation from cash to cashless payments."

JCB Corporate Cards offer high-security transactions with EMV standard chip and 3-D secure technology. Cardholders can access JCB's acceptance network with 35 million merchants worldwide, receive privileges at selected merchants and get customer service at JCB Plaza, an overseas service counter. Additional cardholder features include a free lifetime annual fee, a loyalty point program and interest-free periods of up to 55 days.