VNEconomyNews.com - Vietnam Bank for Industry and Trade (VietinBank) and Sai Gon Fuel Corporation (SFC) on Wednesday signed a deal that enables all consumers to pay for petroleum and certain public services through an e-card.
Consumers can use VietinBank’s E-fast card to purchase petroleum at any retail points of SFC as well as pay for bus fees, road charges and certain entertainment services without having to have a VietinBank account.
The E-fast card will be sold at all SFC petrol stations and VietinBank branches at different price levels.
The card can be recharged at a VietinBank office or through an E-partner card, a debit card offered by the bank.
Pham Anh Tuan, Vice Director of VietinBank said in the near future, the bank would provide more recharging options for consumers such as recharging through sms message or the Internet.
SFC said this new payment method would help reduce labor cost and ensure more accurate revenue accounting.
At present, SFC operates 16 petrol stations within the HCMC area.