The Industrial and Commercial Bank of Viet Nam (Vietinbank) signed a deal with the Australian ONQ Group and the ONQ Technology Vietnam Joint Stock Company on Tuesday to issue pre-paid Visa cards to consumers, the first time these have been available in Viet Nam.
The cards can be utilized like Visa credit cards for things like withdrawing money at ATMs and bill payments and purchases, both online and on-site.
The card application process is rather simple and available for clients of all ages, occupations, and for any amount of money. The card holders don’t even need to have a bank account to be eligible.
The pre-paid Visa cards will be issued in the third quarter of this year.