Mastercard supports Ho Chi Minh City in developing smart cities

On September 9, Vice Chairman of Ho Chi Minh City People's Committee Bui Xuan Cuong had a working session with Mr. Timothy Murphy - Global Vice President of Mastercard Worldwide .

At the meeting , Mr. Timothy Murphy said that Mastercard is deploying support for a cashless payment system for public transport in Ho Chi Minh City. With a flexible interface, multiple languages and the ability to integrate applications, this solution helps people and tourists pay conveniently when using metro, bus ... , contributing to promoting the trend of digital payment and encouraging people to participate in public transport .

Mastercard Worldwide Corporate Vice President Timothy Murphy speaks at the meeting .

Mastercard's global vice president highly appreciated the development achievements of Ho Chi Minh City, especially the goal of building a leading smart city in the region . He expressed his hope that Mastercard will accompany the city in its digital transformation journey , develop a modern payment ecosystem , increase convenience for people , and at the same time improve the quality of urban life .

Vice Chairman of Ho Chi Minh City People's Committee Bui Xuan Cuong spoke at the meeting .

Speaking at the meeting , Vice Chairman of 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 transport and cashless payments are top priorities in the city 's digital transformation process . The application of smart payment solutions for Metro Line 1, the bus system , river buses and public bicycles will facilitate people and improve their experience when participating in traffic .

Vice President Bui Xuan Cuong proposed that Mastercard continue to cooperate to expand the cashless payment system , deploy communication and promotion programs and guide passengers to use digital payments on public transport . At the same time , he hoped that the Group would share more international experience in building smart cities , integrating transport and digital finance , thereby developing a sustainable payment ecosystem , contributing a stable source of revenue to the budget and better serving people 's needs .