Circle Asia Technologies, Visa and Pismo have partnered to launch an AI-powered PayLater card in Vietnam.
The card, scheduled for a phased rollout in early 2026, uses AI to assess risk, underwrite customers, and provide virtual credit cards with flexible installment options, allowing users to manage finances without a traditional bank account.
The initiative involves a major commercial bank in Vietnam to ensure regulatory compliance and market reach.
“Our mission is to deliver a seamless, rewarding and inclusive financial experience for Vietnamese consumers,”
said Arnab Ghosh, Founder and CEO of Circle Asia Technologies.
“Circle is fundamentally redesigning the financial experience in Vietnam. By starting with a modern credit product, we can build deeper customer relationships than traditional banks or debit-focused neobanks. Working with Pismo and Visa enables us to innovate rapidly and offer convenience and security.”
Varun Dudeja, Head of Business Development, APAC at Pismo, said:
“Our collaboration with Circle and Visa shows how combining core processing technology with global payments infrastructure can create more transparent and accessible consumer experiences. It supports the development of a smarter digital financial ecosystem.”
Pismo provides a microservices-based platform and APIs for continuous innovation.
Acquired by Visa in 2024, Pismo remains network-agnostic, supporting multiple card networks.
Featured image credit: Edited by Fintech News Singapore, based on image by brilian via Freepik
