Sacombank honored for the third time as one of HCMC’s “Typical Products and Services”

14/10/2025

Sacombank’s cashless payment solution for Ho Chi Minh City’s public transportation system and its Sacombank Pay application have been recognized by the HCMC Business Association (HUBA) as one of the city’s “Typical Products and Services” for 2025. This marks the third consecutive year that Sacombank has received this prestigious award, acknowledging its outstanding efforts and contributions to promoting consumption, advancing digital transformation, and supporting the city’s economic development.

Sacombank is the only bank collaborating with the HCMC Department of Construction to implement an Open-loop, technology-based cashless payment solution for the city’s public transportation network. The solution allows passengers to make flexible payments using various methods - including credit and debit cards issued by any bank (Mastercard, Visa, NAPAS) as well as Apple Pay, Samsung Pay, and e-wallets - across different modes of public transport such as metro, buses, river buses, and public bicycles. This ensures a seamless, fast, and secure operation of the city’s transportation system, delivering convenience for residents while promoting green mobility, reducing emissions, and protecting the environment.

Launched in 2018, Sacombank Pay has evolved into a multi-service financial application offering nearly 200 features that deliver a safe, convenient, and cost-effective financial experience for users. The app is continuously updated with cutting-edge technologies and standout features such as VietQR payments, NFC, Tap-to-Phone, cross-border QR payments, end-to-end eKYC, flexible savings deposits, fully online consumer loan processing (application, approval, and disbursement), instant card issuance, and top-tier security systems. In addition, Sacombank Pay provides a diverse ecosystem of benefits, with thousands of attractive promotions from domestic and international partners.

As a bank born and developed in Ho Chi Minh City, Sacombank takes pride in consistently contributing to the city’s growth by offering resources and financial solutions that help build a modern, dynamic urban landscape. Every product and service from Sacombank is designed to deliver sustainable, practical value - serving the community’s interests and improving the quality of life for residents of HCMC and Vietnam as a whole.