Sacombank consecutively received 5 prestigious awards from Visa


On 28/10/2022 within the framework of the 2022 Visa Client Forum, Sacombank was honored to receive 5 awards for business performance and card service development. This is the sixth year in a row Sacombank is winning prestigious awards from Visa Organization and continues to be highly appreciated for pioneering in implementing card activities in the market.

Specifically, Sacombank was named in 5 prestigious award categories from Visa, including: Leadership in merchant sales volumes 2022, Leadership in commercial card-based 2022, Outstanding growth in payment volumes 2022, Leadership in acceptance network coverage 2022, and Pioneer in efficiency improvement for 2022.

With its ambition to become a leading retail bank, Sacombank has constantly invested in and launched many multi-utilities card products to meet the diverse payment needs of customers. Currently, the Bank issues a wide range of cards (credit cards, debit cards, prepaid cards) from ordinary to high-end with Visa brand names such as Visa Classic, Visa Platinum, Visa Signature, and Visa Infinite. Sacombank has also integrated modern payment technologies such as contactless payment, QR payment based on international EMV standards and Tap to Phone that accepts contactless payments by using mobile phones as card terminals to optimize utility, increase security and reduce payment time for Visa cardholders. In October last year Sacombank was the first bank in Vietnam to launch Visa Direct Outbound which enables Sacombank Visa debit cardholders to transfer money to Visa cards issued by any overseas bank at competitive rates.

Moreover, Sacombank Visa corporate card is a solution to separate personal and business spending, restrict cash transactions and meet the short-term capital needs of businesses of up to VND5 billion with 55 days of interest-free credit, and offers a variety of specific offers for businesses. In addition, Visa Business Reporting (VBR) also helps businesses effectively manage costs and reduce manual reporting procedures.

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