Apple Pay debuts in Vietnam, continuing Southeast Asia expansion

(VOVWORLD) - The digital payment system, Apple Pay, developed by Apple, has expanded its reach to Vietnam, making it the third nation in Southeast Asia to support this service, following Malaysia and Singapore.
Apple Pay debuts in Vietnam, continuing Southeast Asia expansion - ảnh 1

Available from Tuesday, this strategic move strengthens Apple's standing in over 80 countries and regions globally, in partnership with more than 10,000 banking institutions.

 Apple Pay is a mobile payment and digital wallet service by Apple that allows users to make payments using an iPhone, Apple Watch, or on the web.

 Apple Pay digitalizes and replaces the credit or debit magnetic stripe card transaction at credit card terminals.

The advent of Apple Pay in Vietnam is seen as a landmark in the nation's quest for digital transformation and a cashless economy. In the initial phase, Apple's payment service is teaming up with top Vietnamese banks, including Vietcombank, MB Bank, Techcombank, ACB, VPBank, and Sacombank. This alliance will offer their customers an unprecedented level of convenience and security in transactions.

With the roll-out of Apple Pay's services in Vietnam, customers can now make purchases using their Apple devices at various leading retail systems like Starbucks, Phuc Long, McDonald's, Highlands Coffee, CGV, and Winmart.