Built on a foundation of solid trust established in 2022, Lac Long Quan Company is honored to be chosen by BIDV as a Strategic Partner to deploy the critical “Payment Hub” project. The success of this project not only solves the bank’s complex payment channel planning challenge but also serves as the most convincing proof of Lac Long Quan’s implementation capability and commitment to quality throughout our journey together.

The relationship between Lac Long Quan and the Joint Stock Commercial Bank for Investment and Development of Vietnam (BIDV) began in 2022. Through various small and medium-sized projects, Lac Long Quan has progressively won the trust of BIDV’s Leadership and Technology Division through dedication, professionalism, and superior personnel quality.

Moving from a service provider, Lac Long Quan has risen to become a Strategic Partner, entrusted with the bank’s most difficult and core challenges. The Payment Hub project stands as the greatest “test” and a milestone affirming the maturity of this cooperative relationship.

Payment Hub – Re-architecting the Bank’s “Lifeline”

Payment systems are likened to the lifeline of any bank. Facing the challenge of exponential transaction growth and the diversity of new payment channels, BIDV needed a centralized “Payment Hub” system to unify processing workflows.

Lac Long Quan’s team of experts directly participated in building the architecture and developing this system, helping BIDV to:

  • Centralize Processing: Consolidate all payment streams (Napas, Citad, Swift, E-wallets…) into a single point for management and monitoring.

  • Standardize Processes: Establish a Standardized Process for transactions, making it easy to integrate new future payment channels without impacting the Core Banking system.

  • Optimize Performance: Ensure stable operation with the capacity to handle millions of transactions daily.

Proving Capability Through Real Results

The successful, stable, and secure “Go-live” of the Payment Hub system is the most definitive answer regarding Lac Long Quan’s capabilities. We have proven that Lac Long Quan is not only technically proficient but also possesses deep banking domain expertise, capable of shouldering Enterprise-Level projects.

This success creates a solid premise for BIDV to continue trusting and expanding its cooperation with Lac Long Quan in upcoming digital transformation projects.