Joint Stock Commercial Bank for Investment and Development of Vietnam (BIDV) has recently partnered with technology partner InfoPlus to comprehensively integrate its collection and payment services on the partner’s platform through Open API connectivity. This integration allows business customers to experience smart financial management with attractive incentives.

Specifically, through BIDV’s Open API connection, businesses can easily utilize various banking services, including disbursement (transfer, payroll, account inquiry, balance tracking, etc.) and collection via virtual accounts with real-time cash flow management directly on InfoPlus's InfoCMS and InfoERP applications. Transactions conducted through the virtual account collection service minimize reconciliation errors, optimize management, and enable instant debt clearing for each collection. Furthermore, businesses can proactively monitor and control all financial transactions centrally, gaining comprehensive insights and forecasting financial trends.

The combination of InfoPlus's advanced technology and BIDV's financial products and services will deliver superior efficiency in smart financial management for businesses. This collaboration represents a significant step towards modernizing financial processes and demonstrates BIDV and InfoPlus’s commitment to providing safe, secure, and flexible digital financial products and services for business operations.

On this occasion, BIDV is launching several promotional programs for customers to utilize BIDV's collection and payment services on the InfoCMS/InfoERP platform, including: (i) free use of the collection service for the first three months, followed by a preferential fee of VND 1,000 per transaction for the next three months; (ii) a 30% reduction on transfer service fees and a complimentary personal digital signature for business leaders using the payment service. This promotion will last until October 31, 2024.

For more details about the promotion, please contact the nearest BIDV branch or customer service hotline at 1900 9248.

On May 23, 2023, BIDV and InfoPlus signed a Memorandum of Understanding to collaborate on developing banking products on the InfoCMS digital platform. This partnership has marked a breakthrough in real-time cash flow management on a digital platform in the Vietnamese market. In the future, BIDV will continue to develop its digital banking ecosystem through partnerships with Fintech, Bigtech, security companies, insurance companies, and leasing companies, offering more diverse and modern digital solutions to comprehensively meet business customers’ needs.