Payment Platform Wins Bronze Stevie Award in 2021 International Business Awards
The Payment Platform is one of 7 platforms and solutions from Vietnam Posts and Telecommunications Group (VNPT) is honored named the winner of the Bronze Stevie Award in the categories of Payment Solution in the 2021 International Business Awards. The International Business Awards are the world’s premier business awards program. In 2021, it received over 3,700 nominations from businesses in 63 nations and territories.
VNPT's Payment Platform provides a full suite solution for payment intermediaries. The system provides core platforms for e-wallets, mobile money wallets, payment gateway, collection, and QR code solutions.
It also provides administrative tools, allowing the management of the organization's cash flow as well as cross-border transactions with partners, and provides statistical, reporting, BI tools for administration. This platform integrates many modern technologies such as EKYC, Big Data, AI, etc. supporting digitization and communication to customers.
The implementation of the Payment Platform paying for all services for citizens on the National Public Service Portal has significantly contributed to improving the efficiency of electronic payments, towards building the digital economy as well as the digital Government.
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Winning the Bronze prize in the digital financial solution category, VNPT's Payment Platform is integrated into the payment system on the National Public Service Portal with more than 3,000 public services for the people of the country.
During the period of isolation, limiting face-to-face contact, the solution has helped people just sit at home or work but still be able to pay for public services, instead of going directly to registration points to pay fees at places where people gather as before.
VNPT is the first payment intermediary integrated on the National Public Service Portal. Up to now, the Payment Platform with the VNPT Pay ecosystem has completed the integration of payment for services provided to people through the National Public Service Portal such as: Land tax payment, social insurance payment, and fines for traffic violations. information… and hundreds of other tax/fee services.
People using VNPT Pay to pay on the National Public Service Portal can choose from many payment methods such as: Payment via VNPT Pay e-wallet or via cards/accounts of nearly 40 popular banks in Vietnam.
VNPT's payment platform provides tools that allow people to have easier access to financial services and also supports to promote cashless payment in Vietnam.
Besides, VNPT Pay has been deployed to VNPT's customers as well as customers of Vietnam and the world. VNPT Pay provides an application that allows customers to manage their money in one system, allowing customers to easily transact and pay.
Along with the Bronze Prize of the International Business Award 2021, the Payment Platform of VNPT Group was also honored at the Sao Khue Awards 2021 in the field of Digital Government; the Bronze Stevie Awards Asia - Pacific 2021.
