Sacombank partners with businesses to lead the cashless payment trend

07/07/2025

Starting from 01/07/2025, the 2024 Value Added Tax Law officially takes effect, mandating that all transactions for goods and services must be conducted via cashless payment methods. This new regulation accelerates the digital transformation of financial management, while also posing significant challenges for businesses - particularly small and medium-sized enterprises (SMEs).

In practice, many businesses still rely heavily on cash for supplier payments and internal expenses. Transitioning to cashless payments requires more than just adopting new payment methods; it also demands investment in modern, secure, and transparent systems for managing cash flow.

Understanding these challenges, Sacombank is launching two major promotional programs for corporate clients, running until 31/12/2025: “Superior Management – Global Opportunities” and “Sustainable Growth – Solid Future”. These initiatives are part of a broader effort to support businesses in their digital transformation, helping them comply with new regulations, enhance competitiveness, and drive sustainable development.

The “Superior Management – Global Opportunities” program encourages businesses to adopt Sacombank’s corporate cards - a modern financial solution that not only fulfills the cashless transaction requirement but also offers substantial added value. Key benefits include up to 2% cashback on total credit card spending, free card issuance and first-year annual fee waiver, a VND 50 million travel voucher, and premium business travel bags.

In addition, holders of Sacombank Visa corporate cards have the chance to receive domestic business-class flight vouchers from Bamboo Airways or Urbox shopping vouchers by being among the first to reach a transaction volume of VND 50 million (for debit cards) or VND 100 million (for credit cards). These vouchers are limited in quantity and awarded monthly to the earliest qualifying customers.

The “Sustainable Growth – Solid Future” program further reinforces Sacombank’s commitment to supporting the business community - particularly companies in the green economy sector - by offering double the benefits.

Specifically, new or returning customers can choose a premium account number free of charge and enjoy six months of complimentary access to the Diamond Account service package. Existing Sacombank corporate clients who adopt new products or services will also enjoy attractive incentives, including a one-year waiver of corporate card annual fees, six months of free eBanking usage, five complimentary international online transfer transactions (eFT), and discounted rates on five foreign exchange transactions during the promotion period.

With a vision to be a trusted financial partner to the business community, Sacombank continuously innovates and diversifies its financial solutions - from digital banking and corporate cards to international payment tools and effective cash flow management systems. These efforts actively support enterprises in their digital transformation journeys, optimize operational efficiency, and promote sustainable, green business models.

Through these promotional programs, running until the end of 2025, Sacombank reaffirms its commitment to helping businesses achieve sustainable growth, integrate into the digital economy, and contribute to a more environmentally friendly business ecosystem.