Vietnamese Bank To Process Online Gaming Payments

IMGCAP(1)]

Vietnam International Commercial Joint Stock Bank has signed a deal to process payments for  VTC Online, a spokesperson for the bank tells CardLine Global. The processing involves payments for online games. "Once the online platform is set up and integrated, VTC customers will be able to use it to transfer money into their accounts to buy Vcoins," the spokesperson says. "Vcoins are virtual currency used in VTC games that are issued by a virtual bank, VTC e-bank." Players can make payments with debit and credit cards, and with Internet funds transfers. VTC Online is a subsidiary of the Vietnam Multimedia Corp.

For reprint and licensing requests for this article, click here.
Credit Cards
MORE FROM AMERICAN BANKER