Vietnam: Petrolimex Fuel Retail Network ATM Card Payment Service

Vietnam: Petrolimex Fuel Retail Network ATM Card Payment Service

The partnership offers customers the convenience to use 41 banks’ ATM cards at Petrolimex fuel service stations


A cooperation agreement has been signed by the Vietnam National Petroleum Group (Petrolimex), the National Payment Corporation of Vietnam (NAPAS) and Petrolimex Group Commercial Joint Stock Bank (PG Bank) which enables consumers holding ATM card of 41 member banks of NAPAS to make payments for Petrolimex goods/services at the Group’s fuel service stations across the country. The joint venture declared the successful connection of payment service by ATM card via PG Bank’s POS (Point of sale) machines located inside Petrolimex fuel service stations nationwide.

“With the aim of building a system of modern and civilized fuel service stations, the cooperation with NAPAS is a significant program for Petrolimex to enhance service quality at fuel service stations, improve management and transparency, and help customers make payments quickly and easily. This is also the general trend of the Industry 4.0 era which promotes the development of non-cash payment in Vietnam. The payment model offers advantages not only for businesses and banks, but also for customers who will first enjoy benefits from conveniences provided by parties involved,” said Bui Ngoc Bao, Chairman of the Management Board of Petrolimex.

A huge number of vehicles in Vietnam are using Petrolimex fuel. The use of ATM cards to purchase fuel will give users several advantages such as: Not necessary to keep cash in hand; safe and quick transaction; fuel expenses can be managed by the consumer through bank card statement; promotion and discount programs can be utilized by customers.

“As a provider of financial switching infrastructure for all major banks and businesses in Vietnam, NAPAS really expects that the payment interconnection using local cards issued by member banks with Petrolimex fuel service stations is a bright spot in promoting the non-cash payment roadmap as directed by the Prime Minister. Through this event, we do hope that domestic card-based payments will become more familiar with customers,” said NAPAS Deputy Director General Nguyen Dang Hung. PWKD31072017

Last modified onSunday, 30 July 2017 14:30
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