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PVcomBank, Vietnam pushes technological boundaries with SmartVista

Singapore, 21 June 2016. BPC Banking Technologies, a world leading provider of payment solutions, announces that it was selected by PVcomBank, Vietnam and implemented SmartVista to replace the existing ATMs switch and Card Management System.


PVcomBank is a young universal bank funded by the national state oil company PetroVietnam. The current CTL switch has reached capacity under the increasingly demanding business requirements and large volumes of transactions. Following the newly acquired license from MasterCard, the deployment of SmartVista has enabled PVcomBank to launch credit cards to the consumers of Vietnam for the very first time. The bank will go on to issue a full range of credit cards such as Classic, Gold and Platinum products. SmartVista supports the bank with a multilayer architecture for the credit option calculation and each card group may be tailored individually for each client.


The MasterCard certification was implemented in record time, taking just one month as compared to the usual three months duration. Cash withdrawal and e-commerce tests were simultaneously and successfully carried out, which resulted in the early stage of the project to go live swiftly. Additionally, SmartVista supports flexible authorization which will allow PVcomBank to setup different authorization techniques by using different parameters such as BIN, Card Number and other transaction parameters.


Implementing the new dynamic Card Management System will help PVcomBank to transform into a leading provider of card services enabling faster time to market across various customer segments in the region, flexible to meet the ever changing business needs, reduction in the operating cost and increase in profitability.


As PVcomBank embarks on a rebranding strategy, SmartVista compliments this by spring boarding the product offerings, with the introduction of EMV for the first time, equipping the bank to target other market segments, provide a wider range of diversification, better ROI measurement and total cost management. In future, PVcomBank will have the capabilities to launch more sophisticated services such as combo-cards, biometrics on ATMs, prepaid and virtual cards.


Nguyen Quoc Khan, Deputy General Director, PVcomBank comments: “PVcomBank has a vision to become a leading bank in Vietnam that provides diversified banking and customer oriented services, and the retail sector is one of the top priorities for us as a bank. We want to be seen as a modern, dynamic and technologically advanced in the region. Having BPC onboard has helped us to transform our vision into practical approaches. Besides the functionality of SmartVista, another compelling reason why we chose BPC is because of the team’s experience in the Vietnam market and continuous commitment to work with us in a flexible manner.”

Rajan S. Narayan, Managing Director Asia Pacific, BPC Banking Technologies comments: “We are extremely proud to be selected as a partner by PVcomBank to modernise its retail payment capabilities. PVcomBank is our sixth implementation in Vietnam, which speaks much of our presence and success rate in the region. We are steadily building competence and sound partner relationships throughout Vietnam with our unique yet highly scalable solution. This close knitted bond and experience enables us with deep and valuable insights into the Vietnam market, which will be beneficial in opening up future opportunities for us over the coming years.”



About BPC Banking Technologies


BPC Banking Technologies is a global leader in payments solutions with 160 clients in 57 countries globally. It is the architect and developer of SmartVista – the complete e-payments solution delivering: high performance authorization switching and routing, ATM and POS management, card management, advanced fraud prevention, loyalty program management, card personalization and production, billing and merchant management, microfinance, integrated internet and mobile banking.

For more information, visit the Company's website at


About Mass Commercial Bank of Vietnam (PVcom Bank)

Mass Commercial Bank of Vietnam (PVcomBank) was established under Decision No. 279 / GP-NHNN dated 16/09/2013 of the State Bank of Vietnam on the basis of integration between Finance Corporation Petroleum shares Vietnam (PVFC) and Western Commercial Bank (Western Bank). With a network of 108 outlets in the major cities across the country; high quality human resources and experience in providing services to businesses in the petroleum industry, energy and infrastructure; PVcomBank offers diverse products and services fully meet the needs of institutional clients and individuals.  


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