New electronic payment service is being conjointly introduced in Vietnam by Viet Nam International Commercial Joint Stock Bank (VIB) and VinaGame. The new pilot service is to be known as Softpin Online. The project comes in line with the national strategy to replace tradintional cash usage with the alternative payment options.

The new solution will be available to VinaGame's agents via POS. Using the service VinaGame's agent owners will open demand accounts and Values card at VIB to carry out payment transactions with VinaGame via POS machine. The introduction of the program is aimed at diversifying the payment methods existing in the country and replacing the payment service in cash.

VinaGame is a game publisher and e-commerce company established in Vietnam in 2004. VinaGame succeeded in being the first to launch a licensed online game in Vietnam as well as becoming the leader of the country’s online game market. Thanks to its self-built distribution network, VinaGame has reached most of Vietnam’s Internet cafes, which are being erected at an incredible speed. With its martial arts-themed MMORPGs such as Swordsman Online and Nine Dragons as well as the casual game Boom Online, VinaGame has attracted a huge number of fanatic gamers of all classes across the country into the fantasy game world – a phenomenon that knows no precedent.