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Mastercard supports Ho Chi Minh City in developing smart cities

DNVN - With global experience in the field of digital finance, Mastercard Worldwide wishes to become a technology and strategic partner of Ho Chi Minh City in developing smart public transport and cashless payments.

Tạp chí Doanh NghiệpTạp chí Doanh Nghiệp10/09/2025

On September 9th , Mr. Bui Xuan Cuong, Vice Chairman of the People's Committee of Ho Chi Minh City , held a meeting with Mr. Timothy Murphy , Global Vice President of Mastercard Worldwide .

At the meeting , Mr. Timothy Murphy stated that Mastercard is deploying support for cashless payment systems for public transport in Ho Chi Minh City . With a flexible, multilingual interface and application integration capabilities , this solution helps residents and tourists make convenient payments when using the metro, buses , etc. , contributing to promoting the digital payment trend and encouraging people to use public transport .

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Timothy Murphy, Vice President of Mastercard Worldwide, speaks at the meeting .

The Global Vice President of Mastercard highly appreciated Ho Chi Minh City's development achievements , especially its goal of building a leading smart city in the region . He expressed his hope that Mastercard would accompany the city in its digital transformation journey , developing a modern payment ecosystem , increasing convenience for citizens , and improving the quality of urban life .

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Vice Chairman of the Ho Chi Minh City People's Committee Bui Xuan Cuong speaks at the working session .

Speaking at the meeting , Vice Chairman of the Ho Chi Minh City People's Committee Bui Xuan Cuong acknowledged Mastercard 's role and global initiatives in the field of digital finance . He emphasized that public transportation and cashless payments are top priorities in the city's digital transformation process. The application of smart payment solutions to Metro Line 1 , the bus system , river buses , and public bicycles will facilitate citizens and enhance their transportation experience .

Vice Chairman Bui Xuan Cuong suggested that Mastercard continue its cooperation to expand the cashless payment system , implement communication and promotional programs, and guide passengers in using digital payments on public transport . At the same time , he hoped the Group would share more international experience in building smart cities , integrating transportation and digital finance , thereby developing a sustainable payment ecosystem, contributing a stable source of revenue to the budget , and better serving the needs of the people .

Nam Phong

Source: https://doanhnghiepvn.vn/chuyen-doi-so/mastercard-ho-tro-tp-ho-chi-minh-phat-trien-do-thi-thong-minh/20250910112742753


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