Sacombank is one of the first banks to coordinate with Visa and MasterCard to upgrade the 3D-Secure multi-level protection system version 1.0 to 2.0 according to EMV standards for these cards at the bank. Source: https://thanhnien.vn/tai-chinh-kinh-doanh/sacombank-nang-cap-cong-nghe-bao-mat-thanh-toan-truc-tuyen-moi-nhat-1339802.html
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Reducing international card fees will promote non-cash payments in Vietnam
According to the Vietnam Banking Association, currently, Vietnamese banks are paying for Visa and MasterCard 3-4 fees per transaction. The situation of “superposition charge” partly affects the card business of banks, hindering the process of promoting non-cash payment. According to statistics, currently Vietnamese banks are paying for Visa, MasterCard 3-4 charges per transaction. The situation
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Banks change cards to prevent theft
About 23 million domestic cards issued by local banks will have to complete conversion to chip cards within the last 6 months of 2019. By the end of 2021, all cards in the domestic ATM market are based on chip technology. Convert about 23 million ATM cards On the evening of May 28, Vietnam National
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Be wary of super tricks, hacking money in bank accounts
Recently, some new tricks have appeared to steal money in a bank account. Therefore, people need to be very careful in banking transactions, especially at the end of the year, when criminals increase their activities. Fake brand messages In the past, the most common method of phishing was to use any phone number (junk SIM)
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Deputy Prime Minister Vu Duc Dam: Health and education must implement non-cash payment by 2020
Deputy Prime Minister Vu Duc Dam said that the Government has instructed industries such as tax, insurance, telecommunications and electricity to apply non-cash payments …; in which two fields, education and health, must be implemented before 2020. At the Forum of developing electronic payment ecosystem 2019 with the topic “Moving with chip technology”, Deputy Prime
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Increased utility to reduce cash transactions
Users can register to open a remote account, one-touch payment on mobile In the context of the outbreak of Covid-19, cash is considered to be one of the means that can infect the community with viruses. In fact, in Vietnam, electronic payment by bank cards (NH) is still not very popular, but intermediaries such as
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Chip cards offer additional opportunities to accelerate cashless payments
Vietnam National Payment Joint Stock Company (Napas) has officially broadcasted information to start converting magnetic cards into chip cards. This is an effort in the direction and administration of the State Bank of Vietnam as well as Napas – the unit assigned to be the focal point in the plan to convert magnetic cards to
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