
VIB Bank has just become the first bank to bring Vietnam a trio of integrated technologies for credit cards, affirming the pioneering and serious investment, VIB’s methodology to introduce card trends. latest for customers to use the card.
International Bank (VIB) has just brought to Vietnam market the leading modern card technology solution Smart Card with the goal of helping customers minimize waiting time; meet the fastest demand for credit card; enhance safety, maximum security and join hands to protect the environment.
This is a solution that integrates a trio of technologies including Virtual Card, Contactless Contactless Payment, Green PIN. These technology solutions are integrated in the MyVIB Mobile Banking application, applied to all existing and new VIB credit cards.
Sharing about the launch event of Smart Card, Ms. Tran Thu Huong, Director of VIB Retail Banking Division, said: “With the vision to lead the card trend in Vietnam and look forward to making positive contributions in the process of promoting In the cashless society that the Government has set out, we are constantly diversifying our products, features, and optimizing technologies. Becoming the first bank to bring to Vietnam the trio of integrated technologies for credit cards once again affirms the pioneering and serious investment, VIB’s methodical method to introduce trends. The latest card, bringing outstanding benefits to customers using cards in Vietnam “.
With Electronic Card – Virtual Card, VIB credit card holder will immediately receive card information via Internet Banking or MyVIB when approved by the bank, thereby making it possible to transact online since the card was issued on the system. without receiving a physical card. This technology is applied by VIB, which has shortened the waiting time record for cardholders to help them spend and enjoy card privileges right away without waiting for receiving cards from 3 to 7 working days as usual above. market.
With Contactless Technology, customers only need to touch the card to the payment device and complete the transaction, more quickly and safely.
The third technology solution in Smart Card package is Green PIN: PIN will be issued immediately on MyVIB application and cardholders can change PIN on this application without having to wait for the bank’s paper mail to send. about to notify the PIN. Green PIN technology both helps to eliminate the wait time for receiving a paper PIN while contributing to protecting the environment when minimizing printing.
These are the modern VIB card technologies that have pioneered in the Vietnamese market and launched in the second quarter of 2019. With outstanding benefits in terms of safety, convenience, instantiation and minimizing disruptions in the transaction process, these modern technologies have received positive responses from VIB credit cardholders with hundreds of thousands of transactions with Virtual Card, transactions with Contactless technology and online PIN changes have been made.
In addition, VIB credit cards are also applied with advanced security technologies such as 3D-secure and integrated features that allow cardholders to easily manage cards anywhere, anytime via MyVIB. This helps the cardholder to proactively lock the card immediately in case of emergency or activate the card, lock / open online payment feature, reset card password and register for installment payment, redeem / redeem points Convenient, fast right on mobile phones with less than 30 seconds operation without contacting the operator or VIB branch.
Speaking at the event, Ms. Winnie Wong, Country Manager for Vietnam of MasterCard said: “Vietnamese consumers are very welcome to receive cashless payment solutions, because of their convenience and speed. quick payment. We are very pleased that VIB’s Smart Card technology solution package was officially launched in Vietnam today. This effort of VIB has affirmed its strategy as a leading card issuer bank in Vietnam ”.
Other News
Banks warn of fraud through Corona virus disease prevention messages
Taking advantage of Corona virus prevention messages sent to customers, high-tech criminals spread malicious code to steal or trick users into providing information by stealing transaction passwords. at the bank. Recently, Vietnam Maritime Commercial Joint Stock Bank (MSB) issued a warning to customers who are wary of criminal activities that have taken advantage of propaganda
Details
What is 3D security on bank cards – Safety – 2020
Many online shopping fans come across a 3D-Secure security system specifically developed for Visa international payment systems and then for MasterCard users. But what is 3D-Secure? How to connect it? What are its advantages and disadvantages? Is it possible to ignore it? Does he save from the intrigue of intruders? Where can I find 3D-Secure
Details
100 million in a bank account ‘without wings but flying’
In 30 minutes, the bank account of Mr. Vo Tan Dinh opened at Sacombank was withdrawn 100 million when fraudsters made 35 money transfer transactions. Mr. Vo Tan Dinh said that on the morning of February 18, he went to Sacombank’s transaction office in Bau Bang district (Binh Duong) to deposit VND 105 million into
Details
Many utilities from electronic insurance cards
According to the roadmap set out, from January 1, 2020, the social insurance agency (SI) will issue the electronic health insurance (HI) card for participants. If the electronic health insurance card is issued, it will be a breakthrough of the social insurance industry, bringing many benefits to all stakeholders such as participants of health insurance,
Details
The bank is racing using chip card technology
Banks are racing to use the technology to convert magnetic cards to chip cards. Accordingly, customers receive many benefits from domestic chip cards. Technology is constantly updating Switching cards from magnetic to chip technology is a requirement for commercial banks in the period 2020-2021. Ms. Nguyen Hong Van – Director of Vietcombank Card Center said
Details
In order not to lose money on ATM cards
Convert from ATM technology card to chip card to minimize the risk of losing money Despite repeated alerts, a series of cases of attaching device to steal card information (skimming) at ATMs, cheating users to get passwords, OTP codes and then taking money still occurred. Banks (banks) are urgently responding to card technology crimes. Sophisticated
Details