TBHP joins hands with Zwipe to launch biometric payment cards in Vietnam

12 Apr 2023 09:00 CEST

OSLO, NORWAY and HANOI, VIETNAM - 12 APRIL 2023 - TBHP Co Ltd., one of the
largest bureau and service providers of cards in Vietnam, has partnered with
Zwipe to launch biometric payment cards in Vietnam. With this partnership, Zwipe
will provide commercialization support, expertise and technical guidance to help
TBHP integrate biometric payment cards into its portfolio.

TBHP is a leading provider of barcode, magnetic and smart card applications and
has provision of access control and security systems. The collaboration will
allow both companies to develop and leverage the growing market opportunities in
Vietnam for biometric on-card payment solutions.

Commenting on this partnership Hoang Nguyen Duc, CEO, TBHP said, "Over the past
years, there has been a growing awareness of biometric payment cards in Vietnam.
We are sure that this partnership with let issuers and consumers embrace
biometric payment cards as they provide an excellent check-out experience with
much higher security. Zwipe Pay will bring strong differentiation and value
uplift to our card portfolio."

Under this partnership, Zwipe Pay- based biometric cards will be delivered by
Zwipe's partner TBHP in the region.

"The interest in adopting biometric payment cards is growing steadily in the
APAC market. We are happy to partner with TBHP as we are confident that this
alliance will further accelerate the deployment of biometric payment cards. With
this partnership, Zwipe's unique biometric payment card platform and enrolment
solutions will be made available to banks and financial institutions in Vietnam,
a dynamic and growing market for payments in Asia," said Alex Chung, Vice
President & General Manager for Asia Pacific, Zwipe.

About TBHP
TBHP Co Ltd. is a diversified 100% privately owned trading company with 20 years
of experience supplying some of the biggest banks in Vietnam. Among the services
and expertise, the company offers logistics management, technical consultancy,
efficient and technologically superior equipment maintenance, training and
technology transfer. By doing so TBHP enhances the intrinsic and extrinsic value
of its product and services.
To learn more, please visit www.tbhp.vn

About Zwipe

Zwipe believes the inherent uniqueness of every person is the key to a safer
future. We work with great passion across networks of international
organizations, industries and cultures to make convenience safe & secure. We are
pioneering next-generation biometric card technology for both payment and
physical & logical access control and ID solutions. We promise our customers and
partners deep insight and frictionless solutions, ensuring a seamless user
experience with our innovative biometric products and services. Zwipe is
headquartered in Oslo, Norway with a global presence.

To learn more, please visit www.zwipe.com

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