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

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.

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