FPT IS, Mastercard launch contactless payment system for HCMC metro line

Must read

Bac A Bank boosts digital banking to support sustainable growth

Bac A Bank boosts digital banking to support sustainable growth

Corporate June 27, 2026

Each annual general meeting season is not only an occasion to review the operations of banks, but also a clear reflection of the broader industry picture, one of the stock groups with a major influence on the stock market and a “barometer” of the economy. Business results, development strategies, and the way banks respond to market fluctuations all partly indicate macroeconomic health and policy direction in each period.

From Restaurant Management to the Theater Stage: The Bold Pivot of VAS Alumna Phạm Ngọc Khanh

From Restaurant Management to the Theater Stage: The Bold Pivot of VAS Alumna Phạm Ngọc Khanh

Corporate June 27, 2026

Choosing between a stable career path and a creative passion is a crossroads many young people face, but few navigate it as boldly as Phạm Ngọc Khanh. After graduating with a degree in Restaurant Management in Canada, the former Vietnam Australia International School (VAS) student made a definitive decision to return to Vietnam and pursue her lifelong dream of becoming a performing artist and musical theater composer.

HCMC – FPT IS and Mastercard have partnered to introduce a contactless payment system for the upcoming Metro Line No. 1 from Ben Thanh Market to Suoi Tien Theme Park in HCMC.
The EMV OpenLoop system, which integrates with the Ben Thanh-Suoi Tien urban railway's ticketing system, is expected to streamline the boarding process and reduce wait time for passengers. The first metro line of the city is expected to begin commercial service by the end of this year. The EMV system is based on global payment standards set by Europay, Mastercard and Visa. Passengers can use their EMV-compliant bank cards, smartphones, and national ID cards to pay for fares. The system offers users the ability to view their travel history and monitor commuting habits. FPT IS and Mastercard aim to promote cashless payments in HCMC's public transportation system, with the goal of expanding the initiative nationwide.

Latest articles

Bac A Bank boosts digital banking to support sustainable growth

Bac A Bank boosts digital banking to support sustainable growth

Corporate June 27, 2026

Each annual general meeting season is not only an occasion to review the operations of banks, but also a clear reflection of the broader industry picture, one of the stock groups with a major influence on the stock market and a “barometer” of the economy. Business results, development strategies, and the way banks respond to market fluctuations all partly indicate macroeconomic health and policy direction in each period.

From Restaurant Management to the Theater Stage: The Bold Pivot of VAS Alumna Phạm Ngọc Khanh

From Restaurant Management to the Theater Stage: The Bold Pivot of VAS Alumna Phạm Ngọc Khanh

Corporate June 27, 2026

Choosing between a stable career path and a creative passion is a crossroads many young people face, but few navigate it as boldly as Phạm Ngọc Khanh. After graduating with a degree in Restaurant Management in Canada, the former Vietnam Australia International School (VAS) student made a definitive decision to return to Vietnam and pursue her lifelong dream of becoming a performing artist and musical theater composer.