|NATIONAL PAYMENT CORPORATION OF VIETNAM|
|Address||: 17&18 Level, Pacific Place Building, 83B Ly Thuong Kiet street, Hoan Kiem District, Ha Noi|
|Tel.||: 04 3 9361818|
|Fax||: 04 3 9361819|
|Being established from 2004, Vietnam National Financial Switching., JSC (Banknetvn) has changed its entity name to National Payment Corporation of Vietnam (NAPAS) since 4/2/2016 after finishing the merging & acquisition with Smartlink card JSC. NAPAS is the first and unique intermediary payment service provider being granted license by the State Bank of Vietnam (SBV) of providing switching and electronic clearing and settlement services in Vietnam. NAPAS’s majority shareholders include SBV and 15 great commercial banks in Vietnam.
NAPAS is operating and managing an inter-bank connection system with 16.800 ATM, 220.000 POS, 90 million domestic cards of 43 domestic commercial banks and foreign banks being operating in Vietnam. NAPAS also provides e-commerce services to more than 200 merchants of airlines, telecommunications, hotels, tourism and other electronic payment services.
With the task complete retail payment infrastructure being appointed by State Bank of Vietnam, Napas is implementing and building The standard of the domestic chip card for the entire market, building system of electronic clearing automation for retail transactions – ACH research, propose solutions for the development of non-cash payment in Vietnam.
April 22, 2016, National Payment Corporation of Vietnam held a solemn ceremony of launching The national card brands NAPAS (as National Payment Services) with the slogan “One connection. All the payments”.
NAPAS – National card brands will be shown on the front of all domestic card present, become acceptable identification in uniform payment on ATMs, POS, on the national payment gateway in head Vietnam and internationally.
With the message “One connection. All payments”, the domestic branded card NAPAS allows users to easily make full payment functions including cash withdrawal transactions, interbank transfers, electronic recharge, bill payment goods and services in e-commerce website of more than 200 companies in the airline sector, telecommunications, hotels, tourism and many electronic payment service utilities connected through payment gateway NAPAS. At the same time, domestic cards of several banks in Vietnam released can perform withdrawals at some other regional countries such as Thailand, Singapore, Korea… through bilateral connections switching between organizations countries.