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Apple Pay launched in Vietnam

By Wei Zhang
1 min read
ApplePay
ApplePay
In this article (5)

Apple Pay has arrived in Vietnam, enabling users to make contactless money transactions through an iPhone or Apple Watch.

Vietnam is the third country in Southeast Asia to allow Apple Pay after Malaysia and Singapore.

Several lenders such as MB Bank and Techcombank now support Apple Pay services at some establishments such as Starbucks, Phuc Long, Mc Donald’s, Highlands Coffee, CGV, and Winmart.

Users can add their credit or debit card information to Apple Pay using the Apple Wallet app.

At least an iPhone 6 or Apple Watch Series 4 is required to use it.

Apple Pay was first launched in the U.S. in 2014.

Apple assures that users’ credit data is only stored on their devices and not transmitted to Apple’s servers.

In Vietnam, Samsung Pay was launched in 2017 and Google Wallet in November 2022.

Questions & Answers

Q.

Which other Southeast Asian countries already have Apple Pay services available?

A.

Vietnam is the third country in Southeast Asia to implement Apple Pay. Malaysia and Singapore are the other two nations in the region where users can already access these services.

Q.

Which financial institutions and retail outlets in Vietnam currently support Apple Pay transactions?

A.

MB Bank and Techcombank are the lenders supporting Apple Pay. Users can make purchases at establishments such as Starbucks, Phuc Long, Mc Donald’s, Highlands Coffee, CGV, and Winmart.

Q.

What are the minimum device requirements for someone to use Apple Pay in Vietnam?

A.

To utilise Apple Pay services, users must possess at least an iPhone 6 model. Alternatively, an Apple Watch Series 4 or a newer model is also sufficient for making transactions.

Q.

How does Apple ensure the security and privacy of users' credit card information?

A.

Apple states that users' credit data is securely stored directly on their personal devices. This information is not transmitted to or stored on Apple's servers, enhancing privacy.

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