Article Highlights

Key Takeaway:

Commercial bus company VinBus, which launched its first electronic buses this month, also enables users to tap to pay with contactless debit cards on board.

Key Data:

Visa announced last year that contactless transactions at retail with Visa-branded cards had grown by 500% in the first six months of 2020, compared with the same period in 2019. It did not release the actual numbers of transactions.

Organizations Mentioned:

• VinBus
Visa

A privately owned bus company serving Vietnam’s capital, Hanoi, has launched contactless open-loop payments on board its new electronic buses, and reports say officials and bankers would like to see contactless EMV payments expanded to other modes of transport.

This premium content is only available to subscribers

Article has about477words.

To keep reading, subscribe today

Get access to premium content from the only global publication devoted exclusively to mobility payments by subscribing today to the most authoritative source for news and analysis in the industry.