hong leong bank vietnam launches new mobile payment service (press release)
TRANSCRIPT
Hong Leong Bank Vietnam
For Immediate Release
HONG LEONG BANK VIETNAM LAUNCHES NEW MOBILE PAYMENT SERVICE Simple, convenient and secure payment with just a scan of the smartphone.
Hanoi, Friday 31st October - Now smart-phones are able to replace payment through cash or
card. Hong Leong Bank Vietnam (HLBVN) has launched the new PEx+ payment service using
technology on smart-phones without the need for cash or card.
The PEx+ service was introduced as the first in this market at Parkson stores located in
Le Thanh Ton and Hung Vuong in Ho Chi Minh City as well as Viet Tower in Thai Ha, Hanoi from
31st Oct 2014. “It is indeed a privilege for us to partner with Parkson for the maiden launch of
PEx+ in Vietnam. The young, tech-savvy fast growing middle income segment in Vietnam offers
vast potential and we anticipate a successful partnership with Parkson in bringing this
innovation to our customers” said Le Min Tam, General Director of HLBVN.
Meanwhile, Tham Tuck Choy, Chief Executive Officer of Parkson Vietnam said, “Parkson
is delighted to be the first partner of Hong Leong Bank in Vietnam, to offer the convenience of
PEx+ as an innovative way for our customers to pay for their purchases. We are confident that
there will be wide acceptance of mobile payments for our increasingly tech-savvy and rapidly-
growing market.”
The PEx+ payment service revolutionises the way retail customers pay for their goods
and services through simple steps. An account holder of HLBVN only needs to select the PEx+
function on the smart-phone’s home screen, input password and then scan the merchant’s QR
code over the counter. Payment will be confirmed with just a swipe – fast, convenient and
secured.
According to Raja Teh Maimunah, Chief Operating Officer of Digital Innovation &
Transactional Banking of Hong Leong Bank Berhad (the parent company of HLBVN
headquartered in Malaysia), “we are excited about the PEx+ potential for Vietnam and this is
just the beginning of a journey that will solidify HLBVN’s positioning in the burgeoning
Vietnamese market. This is very much in line with our strategic direction and is just one part of
our wide range of digital and electronic banking offerings.”
To use PEx+ payment service a customer needs to download the Hong Leong Connect
(the digital banking services of HLBVN) application on App and Play stores.
Hong Leong Bank Vietnam
The interbank transfer facility on Hong Leong Connect has also been made available
since Friday 24th October 2014 and it is supported by Smartlink - where customers have 24-hour
access to 25 banks on the Smartlink network. To commemorate this launch, customers will be
offered preferential tariff for transactions on Hong Leong Connect.
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About Hong Leong Bank
Hong Leong Bank Berhad, a public listed company on Bursa Malaysia (Kuala Lumpur Stock Exchange), is a member
of the Hong Leong Group Malaysia. Headquartered in Malaysia, the Group has been in the financial services
industry since 1968 through Hong Leong Finance Berhad and since 1982 through Dao Heng Bank Ltd. in Hong Kong.
Dao Heng Bank Ltd. has since been sold to another banking institution.
In 2004, the finance company business of Hong Leong Finance Berhad was acquired by Hong Leong Bank. With
more than 100 years of banking knowledge and experience, Hong Leong Bank today has a strong heritage, leading
market positions and a well-recognised business franchise and brand.
Hong Leong Bank has an extensive distribution network of over 300 branches, sales and business centres in
Malaysia, Singapore, Hong Kong, Vietnam and Cambodia along with a comprehensive range of alternate and
electronic channels including self service terminals, Hong Leong Call Centre, Hong Leong Online Banking and Hong
Leong Mobile Banking.
Reaching out beyond the shores of Malaysia Hong Leong Bank was the first Malaysian bank to enter the Chinese
banking sector in 2008 with a 20% strategic shareholding in Bank of Chengdu Co., Ltd. In December of the same
year, Hong Leong Bank became the first and only Malaysian as well as South-east Asian bank to be granted a license
to incorporate and operate a 100% wholly-owned commercial bank in Vietnam. In 2013, Hong Leong Bank proudly
launched its 100% wholly-owned commercial bank in Cambodia. The Bank has also established a representative
office in Nanjing in February 2014.
The Hong Leong Group Malaysia is one of the largest business groups in Malaysia and internationally. Through its
financial services arm Hong Leong Financial Group Berhad, which consists of Hong Leong Bank, Hong Leong
Assurance and Hong Leong Investment Bank, the Group is well positioned as an integrated financial services
provider.
Hong Leong Bank Vietnam: Nguyen Van Khoa
Marketing, Personal Financial Services
DID: +84915836996
Email: [email protected]
Hong Leong Bank Malaysia:
Shirin Roesman Group Corporate Affairs & Public Relations DID: 03-2773 0140 Email: [email protected]