Fintech

Webcash Global, BC Card Vietnam’s partner in B2B fintech

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Webcash Global, an affiliate of South Korea’s Webcash Co., announced on Tuesday that it recently signed a business agreement with BC Card Vietnam, the local subsidiary of BC Card, to jointly promote a B2B fintech services business in Vietnam.

Webcash Global is responsible for the global business sector of WebCash Group, specializing in B2B fintech and software-as-a-service (SaaS).

Through this agreement, the two companies intend to connect BC Card Vietnam’s payment solutions with Webcash Global’s WeTax B2B fintech service to conduct joint business.

In addition to WeTax, they plan to integrate several other B2B fintech products, such as WABOOKS, WeBill365 and WeMBA, to increase synergistic effects.

Vietnamese government policies support the collaboration between BC Card Vietnam and Webcash Global.

In May last year, the Vietnamese government announced the nationwide expansion of e-invoicing via point of sale (POS) systems following a successful pilot program.

Write to Mi-Hyun Jo a mwise@hankyung.com

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