SACOMBANK and VNPAY collaborate to deploy a comprehensive digital payment and tax filing solution suite

Proactively adapting to new tax regulations

Amid evolving tax management regulations that require greater transparency and standardization, businesses and household enterprises are gradually transitioning from traditional management methods to digital platforms. The adoption of modern technological solutions not only ensures regulatory compliance but also enhances operational efficiency and governance transparency.

With a customer-centric strategy and a strong commitment to digitalizing financial services, SACOMBANK and VNPAY have partnered to deliver an integrated solution tailored to the specific needs of SMEs and household businesses. The solution suite is designed to minimize investment costs, eliminate manual processes, ensure data accuracy, and provide seamless access to advanced digital tools.

Launch of a fully integrated solution ecosystem

The all-in-one solution suite covers the entire operational cycle of businesses and household enterprises - from order management and payment processing to invoice issuance and digital signing - enabling efficient management and optimized business performance.

Key components include:

• Diverse digital payment methods: VNPAY-PhonePOS (transforming smartphones into POS devices), VNPAY-SmartPOS, VNPAY-QR, and a payment gateway supporting cards, bank accounts, and e-wallets. Real-time transaction updates ensure accurate revenue tracking and transparent records for tax declaration purposes.
• Sales management and tax declaration software: Provides detailed transaction reports while automatically generating tax declaration forms and accounting ledger entries in accordance with prevailing regulations. Integrated electronic invoicing enhances compliance and reduces operational costs.
• Electronic invoicing solution (VNPAY-Invoice): Enables fast creation, issuance, and secure delivery of electronic invoices, fully compliant with tax authority requirements. The system integrates seamlessly with sales and accounting software and ensures secure storage for up to 10 years.
• Electronic Documents (VNeDOC) and Digital Signature (VNPAY-CA): Allows businesses to sign, manage, and process contracts and documents online via mobile devices. The system ensures full legal validity while optimizing transaction time and significantly reducing printing and delivery costs.

At the signing ceremony, Mr. Nguyễn Minh Tâm, Deputy CEO of SACOMBANK, stated: “For SACOMBANK, this partnership represents not merely the introduction of new products or services, but a concrete step in our strategy to build a modern retail banking model that is customer-centric, technology-driven, and focused on creating long-term value. Household businesses and SMEs constitute a dynamic and vital segment of the economy. When they are equipped with transparent and convenient financial and tax management tools, not only do they benefit directly, but the broader economic ecosystem also operates more efficiently.”

Representing VNPAY, Mr. Nguyễn Hữu Phúc, Deputy General Director, shared: “VNPAY recognizes that household businesses often face barriers related to costs and technological complexity in their digital transformation journey. Through this strategic collaboration with SACOMBANK, we are committed to supporting businesses step by step with modern, easy-to-use, and cost-effective digital payment and tax filing solutions, enabling them to operate professionally, transparently, and confidently in the digital economy.”

To support customers in adapting to new tax regulations, SACOMBANK and VNPAY are offering a special incentive: free usage for three years (until the end of 2028) upon official implementation of the digital payment and tax filing solution suite. With a simple registration process, household businesses can immediately access comprehensive management tools, including electronic invoicing, digital signatures, document transmission, and secure storage of electronic documents. This policy aims to reduce costs and accelerate the transition from traditional management methods to a fully digital operating environment.

For further information, businesses and household enterprises may visit HERE or contact the 24/7 hotline at 1800 5858 88 for consultation.