Visa and DealMe have partnered to introduce cross-border card instalment cost companies, offering larger cost flexibility to Vietnamese and worldwide shoppers.
Vietnamese cardholders with regionally issued Visa bank cards will quickly entry real-time instalment gives at main retailers in South Korea, together with duty-free retailers, department shops, and medical establishments.
The service permits worldwide shoppers to make use of their Visa playing cards for instalment funds at taking part retailers, a beforehand unavailable possibility.
Eligible cardholders can select instalment durations and full funds seamlessly.
DealMe will pilot the service in South Korea, earlier than increasing to markets similar to Vietnam, the USA, Australia, Japan, and Singapore. The collaboration follows a Memorandum of Understanding (MOU) signed with Visa’s Asia-Pacific headquarters in November 2024.
“The timing is right, with South Korea a favoured vacation spot for Vietnamese travellers and inbound tourism to Vietnam rebounding strongly. This revolutionary cross-border instalment resolution gives larger flexibility for travellers, supporting Vietnam’s future tourism funds and contributing to the nation’s digital transformation,”
stated Dung Dang, Visa Nation Supervisor for Vietnam and Laos.
Featured picture credit score: edited from freepik
