Business Daily Media

The Times Real Estate

.

Visa offers seamless tap-to-ride experiences for Visa cardholders on Ho Chi Minh City Metro Line 1

HO CHI MINH CITY, VIETNAM - Media OutReach Newswire - 13 March 2025 - Visa (NYSE: V), a global leader in digital payments, has continued its role as an Official Co-sponsor of the Inauguration Ceremony for Ho Chi Minh City Metro Line 1 (Ben Thanh – Suoi Tien).

As part of this initiative, Visa has launched a "tap-to-ride" solution at ticket gates, supporting contactless payments via globally issued cards, mobile devices, and wearables. Additionally, contactless payments are now available at ticket counters, and commuters can use the HCMC Metro HURC app for in-app payments. These enhancements will streamline the commuting experience, making it faster and easier for everyone, including tourists exploring the vibrant Ho Chi Minh City.

image-1.jpeg

The open-loop EMV tap-to-ride system is rapidly gaining popularity worldwide. Within just eleven months, Visa's network processed two billion tap-to-ride transactions globally, reflecting a 25% year-on-year increase[1]. This growth underscores the strong consumer preference for this convenient payment method, now available to commuters on HCMC Metro Line 1. With over 830 "Tap to Ride" projects globally[2], Visa is demonstrating its dedication to transforming urban mobility with simple, convenient, and secure digital payment solutions.

"Visa is committed to being an essential partner in enhancing Vietnam's transit experience," said Ms. Dung Dang, Visa Country Manager for Vietnam and Laos. "By introducing tap-to-ride technology on HCMC Metro Line 1, we are simplifying daily commutes, supporting Vietnam's digital transformation, and improving passenger experiences. This initiative is in line with the government's long-term plans to modernize urban mobility."

Visa x HCMC Metro - Launch Announcement - Social KV - Mobile&Card

Globally, over 80% of Visa's face-to-face transactions are conducted via tap-to-pay[3]. By the end of February 2025, over 76% of face-to-face transactions on Visa cards in Vietnam were contactless[4]. This shift to contactless payments will enhance travel efficiency, offering significant benefits for both operations and commuters.

With its extensive global experience in seamless and secure digital payments for urban transit systems, Visa is launching the "One Tap to Every Station. Go Metro – Tap Visa" initiative. This aims to revolutionize the commuting experience and promote sustainable mobility in Vietnam, aligning with the nation's digital transformation and urban mobility modernization goals. Visa's commitment to providing the best way to be paid is set to transform the way people travel, making daily commutes more convenient, seamless, and secure for everyone.



[1] VisaNet data from Oct 2022 – Sep 2023.

[2] Visa Central Project Reporting (CPR).

[3] VisaNet Oct 2022 – Sep 2023. The figure on contactless penetration excludes U.S. market.

[4] VisaNet data at the end of Feb 2025.

Hashtag: #Visa #HCMCMetroLine1




The issuer is solely responsible for the content of this announcement.

About Visa

Visa (NYSE: V) is a world leader in digital payments, facilitating transactions between consumers, merchants, financial institutions and government entities across more than 200 countries and territories. Our mission is to connect the world through the most innovative, convenient, reliable and secure payments network, enabling individuals, businesses and economies to thrive. We believe that economies that include everyone everywhere, uplift everyone everywhere and see access as foundational to the future of money movement. Learn more at .

News from Asia

Summer Bliss Awaits at OZO North Pattaya: Fresh Vibes, Big Smiles

PATTAYA, THAILAND - Media OutReach Newswire - 29 April 2025 - OZO North Pattaya, the vibrant beachside escape in the heart of Pattaya, is the ultimate destination for fun-filled, feel-good experie...

FBS Continues to Lead with Asia’s Best Mobile App and IB Program

SINGAPORE - Media OutReach Newswire - 29 April 2025 - FBS, a leading global broker, proudly announces its latest achievements: Best Mobile Trading App Asia 2025 and Best IB Program Asia 2025, a...

Asia Pacific's AI Ambitions Hinge on Next-Generation Networks, Reveals IDC Report

SINGAPORE - Media OutReach Newswire - 29 April 2025 – A new IDC InfoBrief* commissioned by Expereo shows Asia Pacific (APAC) businesses pursuing artificial intelligence (AI) strategies are facing ...

HKSTP Tech Companies Shine at GITEX Asia 2025 in Singapore

i2Cool won First Place at the Supernova Pitch Challenge HONG KONG SAR - Media OutReach Newswire - 29 April 2025 - Hong Kong Science and Technology Parks Corporation (HKSTP) has triumphantly wrapp...

PAObank Announces FY2024 Annual Results Achieves Record-Breaking Performance Amplifies Resources to Expand Retail Banking Services

Loan Assets Reach a Record High of HK$3.13 billion Customer Deposits Have Significant Growth of 74% Net Interest Income Surged 70% to over HK$130 million

At the 137th Canton Fair: Suofeiya Expands Global Reach with Innovative Design & Quality Intelligent Manufacturing

GUANGZHOU, CHINA - Media OutReach Newswire - 29 April 2025 - Amidst a profound reshuffling of the global manufacturing landscape, China's manufacturing is marching towards "intelligent manufacturi...

Dusit Hotels and Resorts expands presence in Vietnam, opens luxury Dusit Le Palais Tu Hoa Hanoi on the banks of West Lake

Located in Hanoi’s historic Tay Ho district, the hotel draws inspiration from the life of Princess Từ Hoa and her enduring legacy of artistry, cultural exchange, and community upliftment...

Deleted

This Press release has been killed

Changemakers Program Gains Traction as Hang Lung Partners with Tenants in Vibrant Sustainability Community

Enhanced Changemakers Program and LVMH Group collaboration drive momentum for shared ESG commitment HONG KONG SAR and SHANGHAI, CHINA - Media OutReach Newswire - 29 April 2025 - Hang Lung Propert...

Renaissance College Hong Kong Students Design Iconic Hong Kong Tram in Collaboration with Tramplus

HONG KONG SAR - Media OutReach Newswire - 29 April 2025 - ESF Renaissance College Hong Kong (RCHK) is proud to announce an exciting collaboration with Tramplus, a sister company of HK Tramways, to...

Businesses losing an average of $493k from data integrity flaws

Managing data responsibly and effectively for the AI age can give organisations a strong competitive advantage, but many are failing to harness th...

AI shopping disruptor Zyft raises $7.5M to lead the next gen of retail tech

Zyft appoints new CEO, Richard Stevens, to lead the latest Waller Group success story, valued at $30 million SYDNEY, 28 April 2025: Zyft, the lea...

Little known law offers savvy Kiwis the opportunity to supercharge their retirement savings

A little-known legal amendment is being leveraged by savvy New Zealanders and expat Brits to supercharge their retirement savings. Not many peop...

Cutting edge AI technology designed for doctors to reduce patient wait times launched in NZ

New Zealand specialist doctors now have access to Artificial Intelligence technology to help reduce patient wait times and experts say it could be...

Launchd Takes Off: Former AFL Stars Lead Tech-Powered Platform Set to Disrupt Talent and Influencer Marketing

Backed by Institutional Capital, Launchd Combines Five Leading Agencies and Smart Technology to Deliver Measurable Results Influencer marketing i...

Meet the Australian fintech unlocking rewards for small businesses

Small businesses make up 98 per cent of all businesses in Australia, yet they continue to bear the brunt of economic uncertainty. According to Credi...

Sell by LayBy