Visa and DealMe Launch Cross-Border Card Installment Payments

Visa and fintech DealMe partner to offer flexible payment options for Vietnamese shoppers in South Korea

Highlights:

  1. Partnership: Visa and DealMe collaborate to introduce cross-border card installment payment services.
  2. Target Audience: Vietnamese shoppers visiting South Korea can now use installment payments at duty-free shops, department stores, and medical institutions.
  3. Expansion Plans: The service will initially launch in South Korea and is expected to expand to other markets, including Vietnam, the United States, Australia, Japan, and Singapore.

Summary: Visa and fintech company DealMe have teamed up to offer cross-border card installment payments, providing greater flexibility for Vietnamese shoppers traveling to South Korea.

This new service allows eligible Visa cardholders to make purchases using installment payments at participating merchants, enhancing convenience and repayment options. The collaboration aims to expand to other markets in the future, further supporting global shoppers.

Laura M
Laura M
Laura is a financial reporter, editor, and researcher with a particular interest in fintech innovation, capital markets, and the evolving global banking landscape.

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