Home News & events Press Releases 2011 Compass Plus helps to issue first JCB card in Vietnam



VietinbankVietnam Joint Stock Commercial Bank for Industry and Trade (VietinBank), a leading commercial bank in Vietnam that runs on TranzWare products from Compass Plus, became the first financial institution to issue a JCB branded card in Vietnam: the VietinBank-JCB Cremium card.

This alliance has marked an important step in the mutual development of the Vietnamese payment cards market, as well as the JCB payment network, and has contributed to solidifying the position of VietinBank as one of the leading commercial banks in card business in Vietnam. VietinBank has always taken the lead in the market in card payments innovation, cooperating with local as well as international partners, with Compass Plus amongst others, in order to diversify their products and services to meet customer needs.

Customers can use the new credit card to pay for products and services at more than 34,000 merchants in Vietnam and at 18 million merchants globally in 190 countries and territories. VietinBank-JCB Cremium cardholders are entitled to special benefits provided by both VietinBank and JCB, such as a loyalty program that allows the accumulation of bonus points that can be exchanged for gifts and other rewards, access to JCB Plaza customer service centers at 60 popular destinations around the world, and frequent promotions at VietinBank merchants. JCB and Vietinbank will carry out a huge number of promotion programs for the card at selected card acceptance points, with additional promotions offering a wide variety of cardholder benefits at selected merchants within the first year.

By becoming the first issuer of JCB cards in Vietnam, VietinBank expect to increase customer satisfaction and the appeal of its services to Vietnamese citizens wanting to study or work abroad, as well as to businessmen, students, travellers and corporations coming to Vietnam to seek investment opportunities, contributing to the development of Vietnamese tourism and foreign investment in the era of regional and global economic integration.

About VietinBank:
Vietnam Joint Stock Commercial Bank for Industry and Trade (VietinBank) is one of the leading commercial banks in Vietnam with diverse personal and corporate financial services. VietinBank is also the pioneer in the field of retail banking, particularly in card business. It is the leader in providing Visa/Mastercard credit cards, E-Partner domestic debit cards as well as domestic and international acquiring services. VietinBank has several awards to its name: "Bank with the best retail service in Vietnam in 2007", "Capital Gold Star Award for E-Partner Card service in Vietnam in 2008", "Bank with the best card product in Vietnam in 2010" and most recently was awarded "Top 100 Vietnam brands 2011 for E-Partner Domestic Debit Card and Cremium International Credit Card". VietinBank has the largest network of card acceptance with over 15,000 merchants accepting its cards nationwide. VietinBank is also the first bank to providing services such as hospital bill payment through kiosk banking and nonstop-moving toll payments.



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