Viettel provides service for bank customers

January 24, 2013 | 08:50

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Military-run telecom company Viettel has cooperated with credit institutions BIDV, VIB and HDBank to provide BankPlus service to customers.

The service enables clients to carry out banking functions with their mobile phones, such as checking balances, money transfers and telecom-fee payment without the need to install software or connect to the Internet.

Transactions can be made anywhere as long as users have a Viettel mobile signal and is protected with a PIN and OTP (one time password). BankPlus is installed in SIM cards and is compatible to all cell-phones.

Viettel launched the service in 2011, which is also connected with Military Bank, Vietcombank, VietinBank and ABBank, to deploy BankPlus service.

This year, Viettel has plans to develop cooperation with more banks and launch more services such as taxi fares, air tickets and electricity and water bill payments. Transaction value via BankPlus has reached around VND200 billion monthly, while the number of BankPlus subscribers has grown around 16%.

Hoang Son, director of Viettel Telecom Company, said that Viettel is currently serving over 50 million mobile subscribers.

SGT

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