Visa and Petrolimex Expand Digital Payment Solutions with Co-branded Personal and Business Cards

08/06/2025

• Co-branded cards to offer faster, more secure payments and exclusive rewards to Petrolimex customers
• New product suite to streamline expense management for both individual consumers and business fleets

 

Visa (NYSE: V), a global leader in digital payments, and Vietnam National Petroleum Group (Petrolimex) are deepening their collaboration to transform Vietnam’s fuel retail sector. Building on the successful introduction of contactless Visa card acceptance at Petrolimex stations in 2022, which reduced customer wait times and improved operational efficiency, Visa and Petrolimex have now signed an agreement to launch the Petrolimex–Visa co-branded card program nationwide.

This new co-branded card suite is designed to deliver direct benefits to consumers and businesses alike. Cardholders will enjoy faster, more secure, and seamless payment experiences. Additionally, users can access exclusive loyalty rewards, improved financial oversight, and simplified expense management – whether for everyday personal purchases, or for businesses managing high-volume fuel expenses.

The program features four key product lines: Personal Credit Card, Personal Debit Card, Corporate Credit Card, and Corporate Debit Card. For individual consumers, these cards offer practical financial tools and increased convenience at petrol kiosks. For businesses, especially those with large fleets, the corporate cards are expected to streamline payment processes, enhance cost control, and reduce operational risks.

“Petrolimex is a valued strategic partner in our mission to advance financial inclusion in Vietnam. Through this co-branded card program, Visa is proud to bring secure, seamless, and efficient payment solutions to all, from individuals to business entities, enhancing the everyday financial experience in both personal and commercial contexts,” said Ms. Dang Tuyet Dung, Country Manager of Visa Vietnam and Laos.

Mr. Luu Van Tuyen, Board of Management member and Director General of Petrolimex, commented: “This collaboration with Visa represents a meaningful step forward in Petrolimex’s digital transformation journey. By adopting modern digital payment solutions, we can enhance financial oversight and increase operational transparency, particularly for enterprises with extensive operations and high fuel consumption demands.”

The signing of this agreement underscores the commitment of two leading brands in energy and financial technology to support Vietnam’s cashless economy. In upcoming phases, Visa and Petrolimex will continue to scale the program nationwide, enhance user experience, and deliver even greater value to customers.

 

 

About Visa

Visa (NYSE: V) is a world leader in digital payments, facilitating transactions between consumers, merchants, financial institutions and government entities across more than 200 countries and territories. Our mission is to connect the world through the most innovative, convenient, reliable and secure payments network, enabling individuals, businesses and economies to thrive. We believe that economies that include everyone everywhere, uplift everyone everywhere and see access as foundational to the future of money movement. Learn more at Visa.com.