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VIB BizPay Service

As part of VIB's digital transformation journey, VIB BizPay was developed to deliver a modern, intelligent, and secure payment acceptance experience for businesses. Built in accordance with Visa standards, the solution allows merchants to receive payments instantly after cardholders complete their transactions, all through a quick and seamless process.

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Key benefits

Fast

Receive payments instantly, with settlement completed within 30 minutes at the latest

Secure

Powered by advanced payment technologies and security standards developed by Visa, ensuring safe and reliable transactions

Convenient

Manage products, sales activities, and revenue directly within the VIB Business app 

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Two flexible payment acceptance methods

Hạng mục

Tap to Pay

Pay by Link

Supported devices

Android 12 or later with NFC capability

Android 12 or later with NFC capability;
iOS devices running version 17.4 or later

Cardholder experience

Simply tap their Visa card on the merchant's smartphone to pay

Access the payment link or scan the QR code and enter their Visa card details to complete payment

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Feature
Eligibility

Available to individual business owners enrolled in the iBusiness package, household businesses, and enterprises using the VIB Business app and holding a Visa-branded payment card issued by VIB

Fees

Completely free of charge. Notice: For individual business customers, transaction fee waivers become effective two days after successful registration for the solution

Accepted cards

Visa-branded debit cards and credit cards issued in Vietnam

Transaction limits
  • Standard Transaction Limits:
    • VND 08 million per transaction
    • VND 100 million per month
    • 2,000 transactions per month
  • Dispute and Chargeback Transaction Limits (*):
    • VND 50 million per customer
    • 10 transactions per customer
  • Transaction Limits for Suspected Fraud, Scam, or Illegal Activities (*):
    • VND 20 million per customer
    • 05 transactions per customer


(*) The service will be locked automatically if the customer exceeds the prescribed limit and will only be reactivated once the number/value of transactions decrease below that limit.

Terms & Condition

Learn more at here

User guide

Learn more at here

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