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The National Payment Corporation of Vietnam (NAPAS) is the first intermediary payment service provider granted a license by the State Bank of Vietnam (SBV) to provide switching and electronic clearing and settlement services in Vietnam. NAPAS’s majority shareholders include SBV and 15 leading commercial banks in Vietnam. NAPAS has been appointed by the State Bank of Vietnam to develop the retail payments infrastructure including the domestic chip card standards for Vietnam, build an automated electronic clearing system (ACH) for retail transactions, and to propose solutions for the development of non-cash payments in Vietnam.

2018 Theme
The synergy of account-based ticketing and the acceptance of open-loop consumer payment products to pay for transport fares is driving a convergence between retail payments and transport payments. This trend has particular significance in Asian markets where national payments policy and infrastructure are evolving to build wider acceptance of convenient and efficient e-payments systems.

Transport Payments Asia Pacific will explore these important trends and their implications through the theme:
Open Payments for Integrated Transport and Retail Ecosystems

Transport Payments Asia Pacific is also supported by the State Bank of Vietnam and the World Bank

About the State Bank of Vietnam
The State Bank of Vietnam operates as the central bank of the Socialist Republic of Vietnam. The bank regulates the issue of bank notes, maintains reserves to secure monetary stability, and operates the currency and credit system in Vietnam.
About the World Bank
With 189 member countries, staff from more than 170 countries, and offices in over 130 locations, the World Bank Group is a unique global partnership: five institutions working for sustainable solutions that reduce poverty and build shared prosperity in developing countries.

Transport Payments Asia Pacific 2018 provides excellent opportunities for leading technology and solution providers to communicate information about their company, their brand, and their products and services to end-users responsible for implementing and managing transport revenue collection schemes in Asia Pacific.

To find out more about this event and available packages, please contact Elaine Li, Business Development Manager, APSCA Asia Pacific at [email protected] or at +86 13671773143.

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