Vietnam prepares for mobile banking push

Vietnam prepares for mobile banking push

Vietnamese payment switch operator Smartlink has called in Singaporean vendor Tagit to help it build a mobile banking service.

Tagit says that its Mobeix platform will be available to over 40 million card holders belonging to Smartlink's more than 50 member banks.

First to roll out the service will be Vietcombank, allowing customers to download an iOS, Android, BlackBerry or Java app that can be used for account information queries, fund transfers, bill payments and mobile top-ups.

Through the Tagit system, Smartlink customers will also be able to connect with third parties such as utility companies and government agencies.

Nguyen Dang Hung, deputy CEO, business development, Smartlink, says: "More Vietnamese consumers are adopting the mobile lifestyle, so we're putting mobile at the core of our strategy to ensure that we keep pace with what customers want."

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