National Payment Corporation of Vietnam (NAPAS

As having developed and completed the national retail payment infrastructure, NAPAS has been licensed by the State Bank to provide financial switching services and electronic clearing services in Vietnam. The largest shareholder of NAPAS is the State Bank of Vietnam, which accounts for 49% of the charter capital of the corporation. NAPAS is currently administering and operating a switching system interconnected more than 18,600 ATMs, 261,000 POS machines and 300 electronic payment companies in the fields of aviation, telecommunication, hotel industry and tourism, and serving over 100 million cardholders of 48 domestic and international commercial banks operating in Vietnam. The main products and services provided by NAPAS include: Domestic switching serviceli International switching service Electronic clearing and payment service Electronic good faith collection/payment service Payment gateway service 24/7 funds transfer service With the brand statement "One connection. All payments", NAPAS has been coordinating with banks, partners, and international switching organizations to provide the market with a great number of electronic payment products and services applying the most advanced digital technology like Tokenization, QRCode payment solutions, etc..