The ceremony was held late afternoon at the Melia Hotel under the theme âFly high to successâ with over 200 guests, partners and representatives in attendance. The celebrations commenced with presentation of Agribank cardholders number 4,999,990 through to 5,000,010, with a selection of monetary and other premium prizes.
The program of events continued with the official introduction of Agribankâs MasterCard Worldwide card for businesses, the 12th card launched by the bank to date. The new card provides businesses with numerous benefits such as a flexible credit limit of up to 300 million dong with set limits for each authorised company representative. Repayments can be made via the Internet, the company's total account balance as well balances of each individual cardholder are available to view online and credit card transaction notifications can be received via SMS to aid in controlling expenditure and reducing risk. This card is incredibly convenient offering relevant expenses in fitting with each businessesâ financial position providing appropriate support as they expand in the market. The card is operational at more than 1 million ATMs and 28 million POS terminals worldwide.
Mrs. Ai June Schult, Vice President, Director of Indochina at MasterCard Worldwide said of the project: âMasterCard always tries to take an active role in the development of payment solutions in Vietnam; we are cooperating with local banks and financial institutions to bring new payment products to consumers and enterprises. The launch by Vietnam Bank for Agriculture and Rural Development of MasterCard for businesses is a result of our cooperation and this is the first MasterCard card product for businesses in Vietnam. This shows our continuous commitment in Vietnam on the implementation of cashless payment solutionsâ
Since 2007, with help from Compass Plus and its TranzWare solutions, Agribank has continuously invested in upgrading its card solutions, rapidly becoming one of the key players in card business development in Vietnam.