9Pay, Techcombank cooperate to elevate digital payment experience for SMEs

Representatives of 9Pay and Techcombank sign the comprehensive strategic cooperation agreement. Photo courtesy of 9Pay

Key aspects of the cooperation agreement between the two parties include providing a technology platform supporting 9Pay's e-wallet services, implementing collection services via virtual accounts, supporting disbursement through a direct integration API, corporate treasury management solution C-Cash, foreign exchange, and other banking products and services.

In this new role, 9Pay will leverage its existing technological strengths to help deliver superior payment experiences for Techcombank users.

Customers can perform seamless payment transactions with near real-time processing and automatic reconciliation directly on the 9Pay app or on Techcombank's digital banking applications, Techcombank Mobile and Techcombank Business, helping to save time and minimize risks and operational costs.

Additionally, Techcombank, as a leading bank in smart cash flow management solutions, will help 9Pay optimize profits and business capital.

The two parties move towards a strong cooperative relationship, delivering superior experiences for customers. Photo courtesy of 9Pay

Speaking at the ceremony, Nguyen Quang Thinh, CEO of 9Pay, said that becoming a partner of Techcombank was an important part of the company's sustainable development strategy.

With its position as a leading reputable bank and pioneer in digital transformation, Techcombank will help 9Pay bring smart, safe, and convenient payment experiences to users.

"This agreement will become a solid foundation for 9Pay to develop more new products and services to meet the increasing digital payment needs of SMEs," he said.

Phan Thanh Son, Deputy CEO and Chief Global Transaction Services Officer of Techcombank, said that with the bank's customer-centric strategy, they hoped the cooperation would bring superior value to customers.

The signing of the comprehensive cooperation agreement between the two companies is a continuation of the strong cooperative relationship, as well as a testament to the determination to successfully implement the business strategies of each party, bringing superior experiences and sustainable value to customers of Techcombank and 9Pay.

9Pay is a reputable payment intermediary, licensed by the State Bank of Vietnam.

Over nearly 6 years of establishment and development, 9Pay has been gradually affirming its position in the Vietnamese and international markets.

9Pay is known as a comprehensive payment solution for businesses, including E-wallet, Payment Gateway, Collection - Disbursement services.

It has just launched a new product, Loa TingTing, a QR code payment device with sound notification, targeting small traders and small business households.