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BUSINESS SPOTLIGHT

VNPAY honored with Outstanding Fintech Award 2019

Released at: 15:57, 10/12/2019 BUSINESS SPOTLIGHT

VNPAY honored with Outstanding Fintech Award 2019

Mr. Nguyen Tuan Luong (center), Deputy General Director of VNPAY received Outstanding Fintech Award 2019 (Photo source from VNPAY)

VNPAY honored thanks to its great efforts to develop and supply products and services, promoting non-cash payment.

by Minh Do

Through many rigorous evaluation rounds of the Voting Council, VNPAY has recently been honored Outstanding Fintech Company of 2019 at the "Outstanding Vietnamese Banks 2019" award ceremony.

The award has been organized by IDG and the Vietnam Banking Association since 2012, with the aim of finding and honoring banking products and services with outstanding performance and contribution to the development of the banking and financial sector in particular, and to society in general. From 2017, an additional category has been introduced for Fintech Companies to recognize the achievements of Fintech companies in the field of finance and banking in particular and Vietnam's economy in general.

VNPAY was honored in the category of Outstanding Fintech Award in Vietnam 2019 with substantial vote of confidence after great efforts to develop and supply products and services, promoting non-cash payment.

With this award, VNPAY once again reaffirms its mission, role, prestige and brand to the development of digital banking and payment services in Vietnam. This is also a great motivation for VNPAY to continue striving incessantly, becoming a companion in all financial transactions for Vietnamese users.

As of mid-2019, VNPAY has provided intermediary payment services to more than 40 banks, domestic and international payment organizations and thousands of businesses in many fields and industries in Vietnam.

The most outstanding products / services that VNPAY is providing include Mobile Banking, VNPAY-QR payment gateway, VBan.vn e-commerce website, VnTopup phone recharge, VnMart e-wallet, VnPayBill bill payment …

“After numerous efforts in developing modern financial products and services, the award is a proud recognition that the Organizing Committee for VNPAY. In the coming years, VNPAY will continuously innovate and create more advanced financial solutions,” a representative from VNPAY said.

The award "Outstanding Vietnamese Bank 2019" honors 19 banks and outstanding Fintech companies in which there are 8 categories for banks and 1 category for Fintech. Items include: Outstanding Retail Bank; Outstanding Electronic Bank; Outstanding Digital Bank; Bank with Outstanding Innovative Product / Service; Outstanding bank on Green Credit; Banks accompanying small and medium enterprises; High-tech agricultural investment supporting bank; Outstanding bank for the community; Outstanding Fintech Company.

Under the auspices of the State Bank of Vietnam, the awards included in VOBA 2019 are reviewed based on many rigorous criteria and evaluated objectively and independently by the 15-member Voting Council with many reputable names such as Mr. Nguyen Toan Thang, General Secretary of Vietnam Banking Association; Mr. Nguyen Dong Tien, Former Deputy Governor of the State Bank of Vietnam; Mr. Vu Viet Ngoan, Former Head of Economic Advisory Group for the Prime Minister; Mr. Le Thanh Tam, General Director of IDG Vietnam.

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