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
Other News
Reduce the risk of transaction room payment COVID-19
Implementing Directive No. 01 / CT-NHNN of the Governor of the State Bank of Vietnam (SBV) requires the banking sector to step up non-cash payments, especially through bank payments for public services, for Up to this point, Techcombank is a typical commercial bank leading the promotion of non-cash electronic payment channels to both increase convenience
Details
Agribank actively accelerates the conversion of magnetic cards to chip cards
Converting domestic payment cards from magnetic cards to chip cards is one of the key solutions of Vietnam Bank for Agriculture and Rural Development (Agribank), in compliance with the Project of non-cash payment development the 2016-2020 period of the Prime Minister and Circular No. 41/2018 / TT-NHNN dated December 28, 2018 of the State Bank.
Details
What is the Napas Card (National Payment Services)? Features of Napas card
Napas Card (English: National Payment Services) is a card brand issued by Vietnam National Payment Corporation. Napas Card (National Payment Services) Concept The Napas card in English is National Payment Services. Napas Card is a card brand issued by Vietnam National Payment Joint Stock Company. With similar features to domestic ATM cards, Napas card helps
Details
Be cautious of the wave of personal credit default due to the Covid-19 epidemic
The Covid-19 epidemic caused heavy losses to production and business activities, and accordingly, the number of unemployed also increased sharply, all cautious for credit card default may not be redundant. Fall into the “debt net” for using a credit card NTH, a new employee at a joint-stock commercial bank in Hai Ba Trung, Hanoi, said:
Details
Converting magnetic cards to chip cards: Increases security
The roadmap for converting a magnetic card to a domestic chip card of banks has been issued by the State Bank of Vietnam since 2018. Specifically, as of December 31, 2019, at least 30% of domestic cards issued by payment service-providing organizations must be converted into chip cards; By December 31, 2016, 100% of chip
Details
Converting magnetic card to chip card: What is the benefit for users?
According to the plan, from May 28, Vietnam ATM card market will switch from magnetic card technology to chip card. The first seven banks to carry out the transformation are Vietcombank, VietinBank, BIDV, Agribank, Sacombank, TPBank and ABBank. Minimize the risk of losing money due to data theft and card counterfeiting Mr. Nguyen Quang Minh
Details
