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POS machines

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.
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.
Sacombank domestic cards promotion programme offers cashback, refrigerator gifts

Sacombank domestic cards promotion programme offers cashback, refrigerator gifts

Sacombank has launched a promotion called “Smart payment – Receive valuable gifts” for domestic debit card holders.
Unregistered POS payments cause tax losses

Unregistered POS payments cause tax losses

Using unregistered point-of-sale (POS) machines to transfer payment may result in tax losses for the local authorities, according to specialists.
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.
Rise in point-of-sale payments

Rise in point-of-sale payments

Point-of-sale (POS) payment usage is rising in Viet Nam, news website baotintuc.vn has reported.
Bank card information at risk

Bank card information at risk

With security threats becoming more sophisticated, banks needed to ensure security of payment card data, delegates told a seminar in HCM City last week.