India, April 17 -- IDEMIA Secure Transactions (IST) has announced a new partnership with the National Payment Corporation of Vietnam (NAPAS), aimed at supporting the ongoing development of Vietnam's digital payment infrastructure. The collaboration will enable NAPAS to strengthen its digital capabilities and respond better to the increasing demand among Vietnamese consumers for contactless and digital payment options.

Under the agreement, Vietnam's domestic payment scheme will incorporate IST's Token Platform into its network, which spans more than 40 banks. This integration is intended to provide a more seamless and user-friendly experience for individuals and businesses engaging in digital transactions.

The initiative is expected to h...