The collaboration between VNPAY and Agribank Insurance not only brings convenient and smart digital insurance solutions to customers but also plays a pioneering role in shaping and developing the digital insurance market in Vietnam.
On the afternoon of October 14th in Hanoi , Vietnam Payment Solutions Joint Stock Company ( VNPAY ) and Agribank Insurance Joint Stock Company ( Agribank Insurance) officially signed a strategic cooperation agreement, marking an important step in the digitalization of the insurance industry. This is a pioneering step by both parties in shaping and developing the digital insurance market in Vietnam, bringing smart and convenient insurance solutions to customers.
Through this collaboration, Agribank Insurance's digital insurance products will be integrated into VNPAY 's digital ecosystem. From there, customers can use digital insurance products that suit their needs directly on the familiar platform of the bank's app and e-wallet.
VNPAY and Agribank Insurance officially signed a strategic cooperation agreement.
With just a tap during daily transactions, customers can easily add insurance to their journeys or purchase other digital insurance products without going through complicated steps. Customers can present their insurance certificates directly on the application platforms without needing to store paper copies. This provides a seamless, time-saving experience, perfectly suited to the busy lifestyles of modern customers.
Speaking at the signing ceremony, Mr. Nguyen Tien Hai, Chairman of the Board of Directors of Agribank Insurance, shared: “Cooperation with VNPAY - one of the leading units in the field of digital payments - will help us bring convenient and easy-to-use insurance solutions to people across the country. This is especially important in the context of customers increasingly needing to experience digital services, from travel insurance and passenger accident insurance products to other non-life insurance products.”
With a commitment to prioritizing customer data security and privacy, VNPAY and Agribank Insurance ensure that all digital insurance transactions strictly comply with data security regulations, giving customers peace of mind when using the service. With a diverse ecosystem, VNPAY and Agribank Insurance can also implement cross-selling of products, easily introducing suitable insurance packages to customers already using related services.
In the future, VNPAY and Agribank Insurance will continue to expand their range of new insurance products to meet the diverse and ever-increasing needs of customers.
VNPAY and Agribank Insurance are committed to prioritizing information security.
Shaping and promoting digital insurance in Vietnam.
With its advanced technology platform and diverse service ecosystem, VNPAY is partnering with Agribank Insurance to effectively reach and serve customers. This collaboration marks a significant step forward, not only helping Agribank Insurance optimize its operations but also increasing its competitiveness, contributing to shaping the future of the digital insurance industry in Vietnam.
At the ceremony, Mr. Tran Manh Nam - Director of VNPAY's Corporate Division - shared: “VNPAY is on a strong journey of transformation in the digital transformation process. With a vast distribution channel system including more than 40 banks and 250,000 businesses, VNPAY is proud to bring consumers optimal technology and payment solutions. The cooperation with Agribank Insurance is proof of our strategy to expand our digital ecosystem, aiming to bring more value to our customers.”
VNPAY has always been a pioneer in maximizing the effectiveness of cooperation between businesses, bringing convenient solutions and superior experiences to users. The cooperation agreement with Agribank Insurance is a testament to this vision, contributing to bringing digital insurance products closer to Vietnamese consumers.
Following the signing ceremony, both parties expect to further expand their partner network and increase the number of customers using digital insurance services. VNPAY and Agribank Insurance are committed to jointly building a robust digital insurance ecosystem, contributing to creating sustainable value for customers and partners.
About VNPAY
VNPAY is known as a leading Fintech company in Vietnam. It currently collaborates with over 40 domestic and international banks and payment organizations to develop a diverse range of payment services. Typical services include Mobile Banking – a mobile banking application for individuals and businesses, eKYC – an online identity verification solution, Soft OTP authentication technology, biometrics technology, and many other solutions to meet the transaction needs of over 50 million customers.
VNPAY connects with thousands of businesses and suppliers to develop a service ecosystem on its banking and e-wallet applications, meeting customers' daily needs from shopping and transportation to entertainment.
VNPAY collaborates with over 250,000 businesses, providing typical payment solutions and services such as: Electronic payment gateway, VNPAY-QR, VNPAY-POS, VNPAY-SoftPOS, VNPAY B2B, VNPAY-Invoice…
Regarding Agribank Insurance
As a subsidiary in which Agribank holds a controlling stake, Agribank Insurance proudly pioneers the provision of non-life insurance products, creating a solid financial shield and partnering with Agribank to serve the Agriculture - Farmers - Rural areas.
Choosing its own path and creating differentiation, Agribank Insurance has leveraged the advantages of the Agribank system to build a Bancassurance distribution channel with 171 Agribank branch general agencies, 2,300 transaction points, and more than 30,000 agents nationwide. Agribank Insurance's Bancassurance channel is considered the most successful in Vietnam, thus setting a trend for the development of Bancassurance distribution channels in the non-life insurance market.
Agribank Insurance is committed to partnering with the Agribank system to contribute to the sustainable economic development of society by complying with the law, ensuring the interests of customers, shareholders, and employees, and fostering human and national development. Agribank Insurance focuses on social welfare activities and fulfilling its corporate social responsibility to the community, especially in rural areas.






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