NCB is free to change magnetic card to chip card

NCB has just issued and converted magnetic cards to chip cards meeting VCCS standards for domestic debit cards … National Citizen Commercial Joint Stock Bank (NCB) has just issued and converted magnetic cards to chip cards meeting VCCS standards for domestic debit cards. Accordingly, all NCB domestic debit card holders will be free to change magnetic card to chip card. NCB is one of the first banks in Vietnam to convert magnetic cards to integrated chip cards with Contactless payment method (contactless), providing customers with a better service experience. This new card line has many benefits and safety, security as well as offers many features in payment, making an important contribution to promoting non-cash payments. With the new card line, the cardholder only needs to touch the card to the payment terminal with the contacless icon, the transaction will be done quickly and easily. This method is especially convenient at supermarkets, convenience stores, fast food restaurants, cafes, payment at gas stations, public transport, … Not only that, with NCB’s chip card product, customers can withdraw money at thousands of ATMs of allied banks across the country with a withdrawal limit of up to 10 million VND / time, spending limit up to 300 million / day. The representative of NCB’s leadership said: “NCB has spent a large amount of money to develop digital banking as well as the transition from magnetic cards to chip cards. It is also one of the Bank’s central solutions in ensuring the safety for customers as well as safety for the whole bank. NCB does not exchange the first card for customers, this is one of the very preeminent policies to support customers to use the bank’s card “. With simple and fast card exchange procedure, customers come to NCB’s transaction offices, provide ID / Passport / Citizen card, NCB card and fill in the request form according to NCB’s form. is redeemable. Source: https://vneconomy.vn/ncb-mien-phi-doi-the-tu-sang-the-chip-20210316124313409.htm

Ho Chi Minh City applies smart payment cards for public transport

Smart payment card for public transport services in Ho Chi Minh City will be applied when Metro Line 1 is put into operation. Smart payment card for public transport services in Ho Chi Minh City will be applied when Metro Line 1 (Ben Thanh – Suoi Tien) is put into operation in 2021. After that,

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Promote non-cash payments for public services

The State Bank of Vietnam (SBV) has just issued a document 6422 / NHNN-TT asking the State Bank branches in provinces and cities to perform some tasks to promote non-cash payments for public services. The document stated, in order to implement the Government’s Resolution No. 02 / NQ-CP of January 1, 2019, on continuing to

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Vietcombank tiên phong phát hành thẻ chip nội địa

Ngân hàng TMCP Ngoại Thương Việt Nam (Vietcombank) là một trong bảy ngân hàng đầu tiên tại thị trường hoàn thành việc triển khai chuẩn chíp không tiếp xúc cho cả mảng phát hành và thanh toán thẻ nội địa Vietcombank – Vietcombank Connect 24. Xu thế tất yếu Ngày 28/05/2019 Công ty Cổ phần

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Investing in CHIP cards is an investment for the future

That is the affirmation of Ms. Nguyen Tu Anh, Chairman of the Vietnam National Payment Joint Stock Company (Napas) with the Securities Investment Review. There is an opinion that the card development speed will slow down due to the emergence of new electronic ecosystems, what do you think about this? According to statistics of the

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A series of money burglaries in the “blink of an eye” and warning credit card users

Consecutive attacks to “hack” visa cards to steal money are a concern of many banks and card users. Sophisticated tricks, taking advantage of users loopholes, criminals have stolen visa card account information to carry out property appropriation. Constantly losing money on accounts Recently, the Criminal Police Department of Hanoi City issued a notice to promote

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Why you need to use an ATM chip card ?

Increasing safety, high information security, minimizing the risk of fraud, stealing card information (skimming) … are the outstanding advantages that chip technology cards bring. Recently, banks have been offering ATM cards based on domestic VCCS card standards, complying with EMV international standards as well as increasing communication to their customers about this conversion. Why should

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