FE CREDIT launches MPlus+, a unique digital credit card delivery solution which allows card holders to commence their cashless journey before the physical card is delivered

2018-05-09 10:00 1451

HO CHI MINH CITY, Vietnam, May 9, 2018 /PRNewswire/ -- VPBank Finance Company Limited (FE CREDIT) launches MPlus+ Card, a unique digital credit card solution as an extension to the existing range of physical card products focused on category entrants.

MPlus+ Card, a unique digital credit card solution in Vietnam
MPlus+ Card, a unique digital credit card solution in Vietnam

Issuing to first time card users across Vietnam, FE CREDIT has a unique challenge where cardholders in far-flung provinces sometimes receive the physical card almost 15 days post approval. To bridge this, FE CREDIT has created this unique digital card solution - 'MPlus+ Card'. Securely delivered to the cardholder's registered mobile immediately upon card approval, MPlus+ enables cardholders to commence their cashless journey for e-commerce and card not present transactions instantly.

Mr. Kalidas Ghose, CEO of FE CREDIT said, "As a market leader FE CREDIT aims to be the issuer of choice for mass market customers. MPlus+ Card is another example of this endeavor."

Mr. Nimish Dwivedi, Credit Card Business Center Director of FE CREDIT continued, "Our objective is to create unique solutions for unique problems. Today customers seek immediate gratification; hence MPlus+ Card, a distinct digital card delivery solution that powers card usage even before they receive their physical card."

Mr. Arn Vogels, Country Manager, MasterCard, said, "We are very excited with the launch of the MPlus+ program, the first digital delivery of a credit card in Vietnam.  The key benefit is that consumers will be able to start making online purchases and enjoy MasterCard offers immediately, whilst the delivery of the card will take several days."


A pioneer in Consumer Finance, FE CREDIT has established a solid foundation to become the market leader of the unsecured consumer loans & credit cards market. FE CREDIT currently provides consumer finance services such as personal loans, two-wheeler loans, consumer durable loans and credit cards. FE CREDIT has served nearly 7 million customers, co-operating with 7,000 partners across 11,000 Points of Sale (POS) nationwide.

For more information, please contact:

Marketing Center FE CREDIT - VPBank Finance Company Limited 
Address: Level 2, REE Tower, No. 9 Doan Van Bo, Ward 12, District 4, Ho Chi Minh City
Phone: +84-28-3911-5212

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