Cake from VPBank, a Vietnamese digital bank, visa Start a cloud-based card management system (CMS).
The system is built on Google Cloud infrastructure and integrated with Visa’s global payments network using Visa Cloud Connect.
CMS aims to leverage cloud infrastructure to power payment processing in Vietnam and enable secure and streamlined operations.
Visa Cloud Connect enables financial institutions to connect to Visa’s network through the cloud, increasing scalability, lowering operational costs, and faster market access.
Cake is the world’s first issuing bank to adopt Visa Cloud Connect on Google Cloud.
The platform supports multiple cards and transaction types with a focus on maintaining high security standards.
Its modern architecture incorporates Google Cloud technologies such as GKE Enterprise and BigQuery to optimize scalability and efficiency.
Recently, the bank introduced Vietnam’s first disposable virtual debit card through CMS and plans to expand its product line by adding debit and credit card options.
Dung Dang, Visa Country Manager for Vietnam and Laos, said:
“The cloud-based solution increases operational efficiency, facilitates cashless payments, and is in line with our vision for Vietnam’s digital future.
This underscores Visa’s commitment to supporting fintech innovation and financial inclusion in the region. ”
Tu The Hien, Chief Technology Officer VPBank cakeadded,
“Technology is at the heart of Cake’s rapid growth.
The partnership brings together Visa’s payments expertise, Cake’s innovative DNA, and GC’s secure and scalable infrastructure to deliver a seamless payments experience and operational efficiency. ”
