Cashless Travel – Just TPBank: Scan QR, spend across borders

With a wide international QR payment network across the region, TPBank is paving the way for Vietnamese people to "live digitally" across borders, bringing a seamless payment experience to international tourists in Vietnam.

Technology-era travel: Scan QR, spend freely

No more worries about having to exchange money, or losing control of spending when traveling abroad, now, more and more people leave the airport with only their passport and phone thanks to the international payment feature.

Having just returned from a trip to Thailand, Hoang Linh (28 years old, Hanoi) shared: "My entire trip is almost all wrapped up in my phone, just need to scan the QR code through the TPBank App and it's done. Going to the night market, eating out, buying clothes all have QR codes, no need to exchange cash, and no fear of running out of money to spend".

Through cooperation with NAPAS and the Thai national payment network PromptPay, TPBank has deployed the international QR payment feature on the TPBank App. Accordingly, TPBank App users can pay directly by scanning QR codes at points of sale in Thailand through the PromptPay system, without having to exchange foreign currency, without having to install any other applications and without hidden transaction fees.

In particular, TPBank App is also highly appreciated for clearly displaying the VND - foreign currency exchange rate at the time of transaction. There is no longer the situation of "returning to Vietnam to find out that you are charged a high fee", or worrying about exchange rate differences.

Another plus point when transacting via TPBank App is that the transaction history is updated instantly on the App, helping to better control spending throughout the journey. In particular, users also do not need to worry about excess foreign currency after the trip, because all spending is done via the app, without having to exchange it back.

Two-way convenience: From Vietnamese people abroad to international tourists coming to Vietnam

The unique point in TPBank's strategy is that in parallel with supporting Vietnamese people to spend abroad, the bank also deploys an international universal QR system that allows foreign tourists to scan the code with their own domestic e-wallet to pay in Vietnam.

TPBank is currently one of the Vietnamese banks with the largest international QR payment network in the region, having expanded connections in Laos, Cambodia, China and is moving towards Korea. Besides PromptPay (Thailand), TPBank has cooperated with KHQR (Cambodia), Lapnet (Laos) and UnionPay (China). From here, tourists and foreigners using KHQR or UnionPay payment applications when coming to Vietnam can scan the universal QR code at TPBank acceptance points to pay, thanks to the compatibility of the cross-border QR payment system. This helps foreign tourists not need to exchange cash when coming to Vietnam, just need the International Universal QR code to receive payment immediately.

Mr. Nam - a specialty store owner in Da Nang - said: "This summer, the number of Thai and Chinese tourists is very large. Since using TPBank QR, customers only need to take out their phones, open their domestic wallets to scan. I receive VND with a very small fee, much more optimal than exchanging foreign currency".

According to TPBank, cross-border QR transactions from international customers via the TPBank App increased by nearly 300% in the first half of 2024. Mr. Dinh Van Chien, Deputy General Director of TPBank and Director of Personal Banking, shared: "We don't want customers to worry every time they go abroad: How much cash to bring; where to exchange foreign currency; how to pay. With TPBank, tourists just need to enjoy an exciting travel journey, and the bank will accompany them in all spending matters. Our goal is to help customers feel freer, more secure and experience the most complete experience".