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ATMs

ATMs being sluggish in terms of digital transformation

ATMs being "sluggish" in terms of digital transformation

At least 95 per cent of banks in Việt Nam are actively implementing digital transformation.
Viet Nam pilots cash withdrawal at ATMs with chip-based ID cards

Viet Nam pilots cash withdrawal at ATMs with chip-based ID cards

People will be able to withdraw cash from ATMs by scanning their chip-based ID cards under a new pilot service provided by the Ministry of Public Security.
Demand for cash at the end of the year will not be high: SBV

Demand for cash at the end of the year will not be high: SBV

As the upcoming Lunar New Year is coming near, the need to withdraw cash at ATMs is predicted to not be as high as in previous years, said Le Anh Dung, deputy director of the Payment Department under the State...
Let no one succumb to hunger: Prudential installs rice ‘ATMs in many provinces

Let no one succumb to hunger: Prudential installs rice ‘ATMs’ in many provinces

Having gone through a tough year, Việt Nam nowadays stays strong and resilient with many real-life fairy tales of sharing care, love and support.
COVID-19 pandemic delays conversion of payment cards into chip cards

COVID-19 pandemic delays conversion of payment cards into chip cards

Banks have embarked on the conversion of magnetic payment cards into chip cards for greater security, but the Covid-19 pandemic has significantly slowed down their efforts.
HCM City banks to ensure ATMs cope with extra demand during Tet

HCM City banks to ensure ATMs cope with extra demand during Tet

The State Bank of Viet Nam’s HCM City office has taken measures to ensure workers get their salaries and bonuses paid smoothly before Tet (the Lunar New Year) and ATMs work without a hitch during the holidays, which begin on...
Banks issues more chip cards for security

Banks issues more chip cards for security

Despite high costs, domestic banks are stepping up to issue chip cards that meet EMV standards to replace magnetic strip cards in order to improve the safety and meet the central bank’s regulations.
First bank enables cardless cash withdrawal

First bank enables cardless cash withdrawal

TPBank is the first bank in Viet Nam to allow cash withdrawals using a QR Code at both its ATMs and Livebank service without needing a card.
Banks required to limit ATM withdrawal at night

Banks required to limit ATM withdrawal at night

The State Bank of Viet Nam (SBV) has required credit institutions and branches of foreign banks in the country to limit cash withdrawal at their automatic teller machines (ATMs) at night.
Transaction value via ATM/POS surges 34%

Transaction value via ATM/POS surges 34%

The total value of transactions via the automatic teller machines and points of sale last year surged sharply by 34 per cent against the previous year.
Agribank tackle account hack

Agribank tackle account hack

Three out of twelve account holders at the Vietnam Bank for Agriculture and Rural Development (Agribank) had been reimbursed in full yesterday, following a series of unauthorised transactions from their accounts on Wednesday night.
Sacombank ATMs offer free overseas remittance to customers

Sacombank ATMs offer free overseas remittance to customers

For the first time, Sai Gon Thuong Tin Commercial Joint Stock Bank (Sacombank) is offering customers free remittance receipt services at its ATMs.
ATM withdrawal fee to be lower from March

ATM withdrawal fee to be lower from March

The National Payment Corporation of Viet Nam (NAPAS) on Tuesday announced a fee reduction for its local switching system service, interconnected by more than 170,000 ATMs nationwide.
NAPAS collaborates with DFS in card switching

NAPAS collaborates with DFS in card switching

The National Payment Corporation of Viet Nam (NAPAS) and Discover Financial Services Inc (DFS), an American financial services company, signed an agreement on a card switching system on Wednesday in Ha Noi.
ATMs minimum withdrawal limit raised for interbank transactions

ATMs' minimum withdrawal limit raised for interbank transactions

The minimum cash limit per withdrawal at automated teller machines (ATMs) for banks other than the card issuer will be raised from VND2 million (US$90) to VND3 million.