Visa and Wing launch new online payment card featuring extensive benefits
All Cambodians can use Visa via Wing Money App for digital payments for individual and business needs
Visa, the world’s leader in digital payments, and Wing (Cambodia) Limited Specialised Bank are partnering to introduce the 'Wing Virtual Visa Card', an online payment card for all users of Wing’s mobile payments application.
“With customer experience being the ultimate priority for our bank, Wing is thrilled to be partnering with Visa to provide a brand new online card that comes with a huge range of benefits for our customers,” said Mr. Manu Rajan, CEO of Wing. “Through our service, Wing app users can easily create a Wing Virtual Visa Card and make online payments, in addition to having access to several promotional incentives and rewards.”
The new digital payment card offers a range of benefits to existing Wing app users including the ability to make purchases online wherever Visa is accepted, increased monitoring of expenses, and the elimination of credit checks and variable credit limits.
“At Visa, we are proud to partner with innovative companies like Wing to introduce new digital payment technologies that help to move the country closer towards its vision of becoming a cashless nation,” said Ms. Chum Monika, Visa Country Manager for Cambodia. “The Covid-19 pandemic has driven a shift to online purchases and digital payments meaning technology like the Wing app will become increasingly important for consumers throughout the nation. By introducing the Wing Virtual Visa Card, existing users of online financial applications now have greater access to safer, faster and more convenient payments,” added Chum.
The partnership brings Visa’s expertise in digital payments and e-Commerce solutions to Wing, the leading mobile payment solution provider in Cambodia. Following its launch in 2009, Wing has built an extensive network of agents and introduced a range of innovative products and services to its user base, including bill payments, phone top-ups, local and international money transfers, online shopping and QR payments. Wing has strived to ensure that all Cambodians have access to a bank account by bridging the financial services gap in the Kingdom.
“With the pandemic having already impacted consumers across the world, it’s necessary to increase the freedom of our users to purchase items and complete their essential transactions, digitally and safely,” Manu added.
Wing app users using the Wing Virtual Visa Card will have the ability to participate in exciting promotions including monthly lucky draws, instant cashback from Grab, and discount offer for online purchase. The detail about this promotion will be announced in the official Facebook of Wing soon.
About Wing (Cambodia) Limited Specialised Bank
Wing (Cambodia) Limited Specialised Bank is Cambodia’s leading mobile banking services provider and is one of the few specialized banks in the world. Established in 2009, Wing has transformed the way Cambodians send and receive money, using mobile phones for anytime-anywhere convenience.
Wing remains at the forefront of the mobile money and electronic payment services market in Cambodia with 100% district coverage through our nationwide network of nearly 9,000 Wing Cash Xpress outlets. It has partnerships with over 40,000 merchants, including both local vendors and global industry leaders such as Mastercard, MoneyGram, AliPay, WeChat Pay and Western Union.
Wing also provides funding and payment solutions to the corporate sector via our enterprise services. Small and medium-sized enterprises (SMEs) and larger companies can use Wing’s payroll and disbursement services for employees, helping to encourage the growth and spread of our payment ecosystem.
For more information, please visit www.wingmoney.com
About Visa Inc.
Visa Inc. (NYSE: V) is the world’s leader in digital payments. Our mission is to connect the world through the most innovative, reliable and secure payment network - enabling individuals, businesses and economies to thrive. Our advanced global processing network, VisaNet, provides secure and reliable payments around the world, and is capable of handling more than 65,000 transaction messages a second. The company’s relentless focus on innovation is a catalyst for the rapid growth of digital commerce on any device for everyone, everywhere. As the world moves from analog to digital, Visa is applying our brand, products, people, network and scale to reshape the future of commerce. For more information, visit About Visa, visa.com/blog and @VisaNews.