VPBank and Lotte C&F have formed a strategic partnership to enhance financial services for customers through innovative solutions. The collaboration aims to optimize resources and promote sustainable growth.

Introduction

VPBank and Lotte C&F have joined forces to provide flexible and economical financial options to Lotte customers. Through the introduction of "Buy Now, Pay Later" (BNPL) products, customers can enjoy enhanced purchasing experiences and increased financial capacity.

Co-branded Financial Products

As part of the partnership, VPBank and Lotte C&F will create co-branded financial products, including tailored BNPL services and cards. These products will not only streamline the customer experience but also boost their financial capabilities.

Modern Payment Solutions

By integrating their technological platforms, VPBank and Lotte C&F aim to deliver modern, transparent, and convenient payment solutions. This collaboration will focus on integrating account services, virtual credit cards, and other digital functionalities to further enhance the customer experience.

Supporting Sustainable Growth

The strategic partnership between VPBank and Lotte C&F aligns with VPBank's objectives to develop foreign direct investment (FDI) clients and strengthen their competitive positions. VPBank will provide comprehensive financial solutions to support sustainable growth for enterprises within the Lotte ecosystem in Vietnam.

Innovative Financial Products

Lotte C&F, a joint venture between Lotte Financial Corporation (Japan) and Lotte Capital (Korea), is dedicated to offering BNPL services. This partnership with Lotte C&F is a crucial element of VPBank's strategy to expand its FDI customer base. Both companies are committed to creating innovative financial products that enhance customer experience and provide greater value to their respective client bases.

Advancing Financial Solutions

The collaboration between VPBank and Lotte C&F represents a significant step towards integrating advanced financial solutions into everyday consumer experiences in Vietnam. Through their partnership, they aim to revolutionize the financial industry and provide customers with convenient and transparent payment options.