Shinhan Bank pioneers bringing Visa's GTPP platform to Vietnam, 'unlocking' cross-border payments for businesses

This is the first time the GTPP platform has been launched by Visa in the Vietnamese market and Shinhan Bank is also the first foreign bank in Vietnam to support the GTPP platform.

The GTPP Global Transaction Payment Platform helps Vietnamese businesses, especially small and medium-sized import businesses, optimize working capital, increase security and expand international trade opportunities. In the context of Vietnam being Korea's third largest export market, GTPP is considered an important step to convert from traditional transactions to card payments.

Accordingly, businesses can make direct payments to Korean partners using Shinhan Visa corporate cards through the GTPP platform, making international transactions more convenient, faster and safer. In addition, cardholders also enjoy many outstanding incentives, including flexible credit limits, interest-free periods of up to 45 days, unlimited 0.1% bonus points accumulation program on all transactions and the privilege of receiving 1 Fast Track & 1 Golf Course visit when reaching sufficient card spending. Thanks to that, businesses can optimize financial costs, while increasing the value and efficiency of card use in business operations.

When documents and invoices are provided directly on the GTPP platform, the entire transaction process becomes transparent, minimizing the risk of errors or fraud in document processing. At the same time, automating the confirmation and payment steps helps shorten transaction times and optimize cash flow. With the ability to connect a variety of global banks and partners, GTPP also supports businesses to expand their international payment network and centrally manage cross-border transactions.

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The deployment of the GTPP Global Transaction Payment platform is not only a step forward in Shinhan Bank's digital service development strategy, but also an important milestone affirming our pioneering role in promoting international payment transactions in Vietnam. Through the GTPP platform, Shinhan Bank wishes to contribute to enhancing the competitiveness of Vietnamese enterprises, helping them access a more modern, transparent and secure global payment ecosystem. We believe that the application of digital financial solutions such as GTPP will be an important lever to promote Vietnam's international economic integration process, while demonstrating Shinhan Bank's long-term commitment to accompanying the sustainable development of the Vietnamese business community."
Mr. Kang GewWon - General Director of Shinhan Bank Vietnam, shared

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In the context of increasingly diversified global trade, enhancing Vietnam's connection with the international supply chain and supplier network is a strategic move by Visa and its partner banks. The introduction of the Global Trade Payment Platform marks Visa's long-term vision in supporting businesses to access international payment standards in a seamless and synchronous manner. GTPP is not only a payment tool, but also acts as a platform to help businesses cooperate safely with global partners, while accessing capital immediately..."
Ms. Dang Tuyet Dung, Director of Visa Vietnam and Laos, shared

To learn more about the Global Transaction Payments Platform (GTPP), please visit the website: https://gtpp.co.kr/buyer

Previously, at the Customer Conference within the framework of the 30th anniversary event series of Visa in Vietnam, Shinhan Bank was honored to receive the award in the category "Pioneer in B2B trade for SMEs in 2025".

Shinhan Bank is highly appreciated by Visa for its outstanding achievements in promoting growth and innovation for small and medium enterprises (SMEs) customers.

Source: https://daibieunhandan.vn/shinhan-bank-tien-phong-dua-nen-tang-gtpp-cua-visa-ve-viet-nam-mo-khoa-thanh-toan-xuyen-bien-gioi-cho-doanh-nghiep-10395912.html