Vietnam Airlines online booking began to apply QR code payment technology

Vietnam Airlines has signed an agreement with VNPAY, Vietnam's largest two-dimensional code payment company, to apply QR code technology to online ticket bookings. This is the first attempt by Vietnam Airlines in the aviation industry. Users can order online through the QR code on the airline's official website.

At the beginning of this month, QR code payment will be launched simultaneously on the airline's website and the official ticketing system. After the ticket booking is successful, the passengers directly use the QR code to pay, eliminating the cumbersome process of bank information input. The QR Pay system's safety factor is guaranteed by two-factor authentication, namely mobile banking login and one-time pass (OTP) verification via SMS or fingerprint.

Vietnam's aviation market is one of the top 5 fastest growing markets in the world. With great potential, major airlines have also been improving their services and prices to bring the best experience to their customers with the help of digital technology.

Like banks, local airlines have adopted financial technology to accelerate their integration with the world. A representative of Vietnam Airlines said that the trend of mobile payment, especially the QR code, has become more convenient and favored in Vietnam.

There are 12 taxi and bus companies in Vietnam with more than 4,000 cars and more than 20,000 payment points integrated with QR Pay.

In Vietnam, many large banks can use QR code to pay for mobile applications, such as Bank of Vietnam, Bie Ting Bank, Agricultural Bank, BIDV, ABBANK, SCB, NCB, IVB, MaritimeBank, SHB and VIB, etc., totaling more than 8 million. user.

The rapid promotion of QR codes will promote the market penetration of the mobile payment market in Vietnam and will also expand the circulation of flight business. However, mobile payment in Vietnam is still in its infancy, and there is still a large part of the growth space. The follow-up scope of QR code will not be limited to online ticket purchase. For example, in China, Chongqing Airport has launched a two-dimensional code check machine. Open the Chongqing Airport WeChat public number "Chongqing Fei", open the "WeChat check-in" on the "Chongqing Fei" page, output the name, ID card, flight number, then complete the self-service check-in and generate the "two-dimensional code boarding pass" "The entire check-in process took only 30 seconds. Solved the problems of queuing, error, etc., improving the efficiency of the check-in and the customer experience.

However, Vietnam’s recent ban on WeChat and Alipay has to be said to be a hammer on the growth engine of Vietnam’s mobile payment industry. The Sino-Vietnamese trade is frequent and cross-border demand is strong. The development of Vietnam’s route to Chinese tourists must be An iron column that cannot be avoided. Although the two major payment giants have had an impact on the Vietnamese market due to various measures, relying on the huge dividends and spending power of the Chinese population, it will surely promote a win-win situation for the Vietnamese aviation industry and even Vietnam.

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