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BANKING TECHNOLOGY, CARDS & PAYMENTS | Staff Reporter, Vietnam
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VPBank unveils digital credit card

It aims to provide users with digital alternative to the delayed delivery of physical cards.

VPBank Finance Company has unveiled digital credit card solution MPlus+ Card which aims to provide first-time cardholders across Vietnam with a digital alternative when the delivery of their physical credit cards come in late.

Cardholders in Vietnam sometimes receive their credit cards almost 15 after approval. The MPlus+Card aims to solve this problem as it is directly sent to the cardholder’s mobile upon card approval enabling e-commerce and card transactions.

"Our objective is to create unique solutions for unique problems. Today customers seek immediate gratification; hence MPlus+ Card, a distinct digital card delivery solution that powers card usage even before they receive their physical card," said FE Credit Credit Card Business Center director Nimish Dwivedi.

Arn Vogels, country manager, MasterCard added, "We are very excited with the launch of the MPlus+ program, the first digital delivery of a credit card in Vietnam. The key benefit is that consumers will be able to start making online purchases and enjoy MasterCard offers immediately, whilst the delivery of the card will take several days."

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