VIB launches leading card technology solution Smart Card

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 ”.