Vietnam: Petrolimex rolls out contactless payments at station network
The company has installed contactless enabled POS terminals at its retail sites nationwide thanks to building up its partnership with Visa.
Petrolimex has announced the rollout of contactless payments services across its network of service stations in the country. The news builds upon the company’s relationship with Visa after accepting card transactions back in 2021 to reduce checkout queues, increase operational efficiency and enhance customer experience.
“The official application of cashless payment solutions to the system of Petrolimex's petrol stations across the country is part of the strategy of building Vietnam National Petroleum Group into a leading enterprise in digital transformation. This strategy is based on intelligent, safe and innovative technology to optimise serving quality and consolidate the trust and satisfaction of customers,” said Luu Van Tuyen, Deputy General Director – Head of the Cashless Payment of Petrolimex Project.
Petrolimex has installed contactless enabled POS terminals at retail petrol stations nationwide, enabling customers to pay with a single tap of their Visa cards. The newly deployed POS device meets all fire safety regulations, integrates with the pump, and connects wirelessly to serve customers paying right at the pump.
Vietnam is well on its way to embracing contactless payments as almost half (46%) of local consumers use this payment method, according to Visa’s Consumer Payment Attitudes 2021 study . In addition, 6 out of 10 contactless card users increased their use since COVID-19, while one-third of Vietnamese consumers foresee going cashless for petrol purchases in the future.
