FPT IS builds e-payment system for State Treasury

VOV.VN - FPT Information System (FPT IS) has announced that it has successfully built an e-payment system for the State Treasury of Vietnam. 

The important application has helped facilitate cash transfers within the State Treasury, between Treasury units and between the Treasury and banking systems and ensure security through intelligent PKT (Public Key Infrastructure) cards. It is integrated into the TABMIS (Treasury And Budget Management Information System) – the largest IT system in Vietnam.
   

The operation of the e-payment system has helped process outgoing and incoming payment orders immediately and reduced roughly 50% of procedures within the State Treasury and between the Treasury and banking systems.

With a total investment capital of roughly US$70 million, TABMIS is the largest IT project in Vietnam, which has been implemented by IBM and FPT IS for eight years now.

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