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Vietcombank deploys Garmin Pay one-touch payment for Visa cards

VTC NewsVTC News01/04/2024


Customers can make payments for Vietcombank Visa card transactions with just a compact Garmin watch on their wrist. As an open platform, not limited to Android or iOS operating systems, this payment application does not require a connection to the phone. With just a simple touch on the POS machine, Vietcombank Visa cardholders can easily use and enjoy the one-touch payment experience.

Because there is no need to carry a wallet or phone, this payment method is especially suitable for customers who are passionate about traveling and often participate in outdoor sports and indoor physical activities.

Card payments via Garmin Pay are accepted at contactless payment terminals such as convenience stores, pharmacies, taxi companies, restaurants, cafes, retail stores and many other places in Vietnam and many countries around the world .

Vietcombank deploys Garmin Pay one-touch payment for Visa cards - 1

Garmin's maximum security system allows bank card information to be kept confidential through encryption for each payment transaction. Card numbers are not stored on the system server or the merchant.

Customers only need to enter the password once to authenticate payment requests using Vietcombank Visa card via Garmin Pay within 24 consecutive hours while wearing the watch.

If the customer removes the watch from their wrist or turns off the heart rate monitor, the watch will ask for a passcode re-entry before making a payment. Additionally, Garmin Pay will automatically lock the wallet if the passcode is entered incorrectly three times, and the customer will need to reset the passcode in the Garmin Connect app to continue using it.

Ms. Doan Hong Nhung - Director of Vietcombank Retail Division said: "Always keeping up with the trend, Vietcombank focuses on implementing modern payment solutions to best meet the needs and enhance the customer experience. Accordingly, many contactless payment solutions using mobile devices have been launched by Vietcombank in recent times.

With the continued launch of Garmin Pay, Vietcombank continues to diversify its smart payment solutions, demonstrating the bank's determination to expand and develop new payment products and services applying modern technology, bringing convenience to customers."

With Garmin Pay, customers still receive all the incentives and benefits that Vietcombank cards bring, including benefits such as accumulating VCB reward points, unlimited cashback, spending first, paying later with an interest-free period of up to 55 days, as well as enjoying promotions at hotels, restaurants, shopping stores, airline tickets, etc.

Customers can learn about Vietcombank card promotion programs here.

Setting up Garmin Pay is simple, just connect your Garmin device to the Garmin Connect Mobile app on your mobile phone and stay connected while creating a Wallet and adding cards:

Step 1: From Garmin Connect, select “More” in the bottom right corner of the app.

Step 2: Select Garmin Pay, then tap “Add Card”.

Step 3: Follow the on-screen instructions.

After adding the card, you can select the card on the watch when paying, instructions for use here: https://www.vietcombank.com.vn/-/media/Project/VCB Sites/VCB/KHCN/KHCN_Quick Access/TIN TUC NOI BAT/2024/T4/Garmin pay/MANUAL INSTRUCTIONS GARMIN PAY.pdf

Customers can learn more about Garmin Pay-enabled smartwatches here: https://www.garmin.com/vi-VN/c/sports-fitness/garmin-pay/

If you do not have a card, you can issue a VCB DigiCard debit card online via the VCB Digibank digital banking application. The VCB DigiCard is ready to set up Garmin Pay right on VCB Digibank with simple steps here.

Nhat Le


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