Banknetvn was established with the aims at not only providing infrastructure for banks, service providers but also desiring to connect to intermediate financial institutions and national switching companies of other countries in the world.

Financial institutions connected successfully and to be connected are:

PayNet Incorporation

PayNet Incorporation is a leading electronic processor in Vietnam which connects financial institutions, service providers (mobile operators, telephone, cable television, ADSL internet) utilities companies and providing electronic payment services to customers via ATM, POS, Mobile phones and internet of banks and retailer networks. PayNet focuses on 5 main fields: prepaid electronic distribution, collection and bill payment, online payment, processing and providing outsourcing services, providing software solution. PayNet connects to Banknetvn with the role of being a Merchant of ABBank. With the connection, cardholders of Banknetvn Network can perform transactions: Balance Inquiry, Purchase, Refund and Void at POS of PayNet. Banknetvn will be the intermediate institution to connect to PayNet and be responsible for clearing and settlement for transactions of members via settlement bank.

China UnionPay

CUP was established in March 2003 in Shanghai, China. CUP is the unique switching institution in China approved by the Central Bank of China. Currently, CUP has more than 240 local and international members. CUP drives a clearing and settlement system for interbank transactions via connection to banks. CUP is working with other institutions to develop and widen the application of CUP card technical specifications to create an independent card trade mark, promoting the development and applications of cards, maintaining a stable card acquiring market and minimizing the risks in using cards.

Up to December 2008, CUP has 1.18 merchants, 1.87 million POS and 170 000 ATM and become the largest card acquiring network in China. In 2008, interbank transactions of CUP were 4.6 billion RMB, increasing 50 times in comparison with those in 2001. Presently, CUP cards can be used in 61 countries and territories outside China. Besides, CUP issues CUP standard cards outside China. Currently, there are 40 financial institutions in 8 countries and territories issuing CUP cards. CUP cards are not only accepted by domestic cardholders but also by cardholders in many other countries in the world.

Astute/NETS Pte. Ltd (Singapore)

Is an expert with more than 20 years in setting up and operating switching system in Singapore. Astute is the leading provider in maintaining payment card system in Singapore. Besides, with more than 20 years in connecting ATM payment card network, NETS Pte. Ltd has become truthful partner of banks in terms of switching such as: DBS Bank, United Overseas Bank, OCBC Bank in Singapore.

MEPS

Malaysian Electronic Payment System (1997) Sdn Bhd (MEPS) is a electronic payment network established in 1996 in Malaysia. With vision to be one of the leading service providers in Asia, MEPS has connected successfully to other switching networks in the region such as:

Indonesia's PT Artajasa Pembayaran Elektronis (ARTAJASA) and PT Rintis Sejahtera (Rintis), Singapore's National Electronic Transfer Pte Ltd. (NETS), Thailand's National ITMX and China's China Unionpay.