A commercial bus company serving Vietnam’s capital, Hanoi, has launched contactless open-loop payments on board its new electronic buses, and reports say officials and bankers would like to see contactless EMV payments expanded to other modes of transport.
VinBus, which launched its first electronic buses this month, also enables users to tap to pay with contactless debit cards on board. It’s unclear how many buses are enabled for contactless, at present, but they cover one route. The company said it planned to expand electric buses to more routes in 2022 and was reportedly planning to operate electric buses in such other major cities as Ho Chi Minh City (formerly known as Saigon) and Da Nang.
VinBus, part of the Vingroup, which also manufactures the electric buses, developed the contactless open-loop payments service with Vietnam national payments network, NAPAS, and payments provider UNIT. Riders can tap to pay with cards issued by such banks as TPBank, BIDV, Agribank, SHB, SeABank, VietBank.