In the era of rapidly growing 4.0, the financial and banking industry is also actively transforming, especially the application of the latest achievements of technology, electronic payment development and digital banking. .
Undeniably, digital banking is the development trend of the world in the era of increasingly modern technology. The emergence of digital banking brings completely new experiences with many utilities, contributing to promoting and building the habit of non-cash payment for Vietnamese people. Now users can use banking services anywhere, anytime and meet a variety of financial needs in life.
Customers are no longer strangers to unidentified prepaid prepaid cards – card service products that perform online payment without physical cards as well as providing personal information. This is a popular product and favored by customers for its convenience and speed
However, from April 1, 2020, implementing Circular 28/2019 / TT-NHNN of the State Bank, anonymous non-physical bank cards will not be allowed to be used to conduct transactions on Internet schools as well as mobile application programs. Facing this situation, CIMB Bank has successfully developed and launched the non-physical Visa (virtual card) OctoFast identification with electronic identification feature or eKYC (electronic Know Your Customer) – first and only in Vietnam to the present time, replacing the anonymous non-physical card Fast Card, and optimizing the card opening procedure.
Previously, the identification of customers had to go through face-to-face meetings and document reconciliation, which took time for both customers and banks. With eKYC, customer identification is done online thanks to the support of advanced technologies. As a result, the card opening procedure is easier than ever when customers only need 2 minutes to operate the OCTO by CIMB application to register for card opening, and the card will be ready for use within 1 minute. hours after registration. No need to meet face-to-face, no waiting and above all, ensuring safety, avoiding the spread of Covid-19 disease at this time.
With OctoFast, customers can freely perform online shopping transactions such as buying online games, recharging mobile games of foreign publishers on Apple Store & Google Play Store, or connecting cards to pay for services on Grab, pay for music packages on Itunes, Spotify or online shopping on Vietnam and foreign E-commerce sites such as Amazon or Aliexpress, …
In addition, OctoFast also offers advanced features such as users can adjust spending limits up to VND 50 million (formerly VND 5 million), along with a high level of security when dealing online with the public. 3D Secure technology developed by Visa: OTP code is sent to email or SDT register to authenticate for each transaction.
And yet, Octo by CIMB Digital Bank continues to maintain the savings interest rates for Current Accounts of 7% / year for individual customers & 7.7% / year for priority customers, unchanged. despite the current Covid-19 epidemic. With this Payment Account, customers can also link with the Octo Visa Debit Debit card to transfer money interbankly and withdraw ATMs for free. ”
As one of the first people to convert from an unidentified prepaid card to OctoFast, Ms. Nguyen Thu Hang, an office worker and a well-known online seller (online seller) shared: ” In the past, I used to use an unidentified Fast Card to buy goods on Aliexpress, but fortunately now I can change to a new OctoFast card, which is an identification card, but I do not need to spend time going to the bank to do the procedure. cumbersome, especially during the period of social isolation because of this epidemic. Moreover, the limits are more convenient for trading, the security features are also improved. ”
Or as Mr. Quang, who lives in Dong Da, Hanoi said: “I use a lot of foreign applications on the Appstore so I also learn some types of virtual Visa cards to facilitate payment. After that, I know OctoFast is the first prepaid Visa card in Vietnam that can be used immediately after 1 hour of registration without having to go to the bank for registration as before. OCTO by CIMB application and trust the security and reputation of CIMB bank. ”
Owning a virtual Visa card is very convenient in online transactions, especially with the identification card, the features are no longer restricted, the card registration is now becoming more convenient. As a pioneer in the field of digital banking, CIMB hopes to make the use of virtual Visa cards more popular with many customers in the near future, through continuous improvements in their identity. Power, utilities and modern security technology.
Source:https://cafef.vn/the-visa-ao-dinh-danh-dien-tu-san-pham-ngan-hang-so-uu-viet-lan-dau-tien-ra-mat-20200420141749799.chn
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