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POS

Sacombank wins 4 awards from NAPAS

Sacombank wins 4 awards from NAPAS

Sacombank has won four awards from the National Payment Corporation of Vietnam (NAPAS) for Bank with the Best POS Network, Bank with the Best Online Merchant Network, Dynamic Bank, and Outstanding Bank in Credit Card Transaction for 2022.
VNPAY and Viettel enter strategic partnership

VNPAY and Viettel enter strategic partnership

VNPAY and Viettel on Thursday signed a strategic co-operation agreement to deploy and operate the VNPAY-POS solution at 332 Viettel stores.
VNPAY POS - An all-in-one payment solution for small- and medium-sized enterprises

VNPAY POS - An “all-in-one” payment solution for small- and medium-sized enterprises

There is a high demand for digitalisation of the operation and financial management processes at small and medium-sized enterprises (SMEs) in Viet Nam. VNPAY aims to address such demand by offering a comprehensive payment and management solution - VNPAY-POS.
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.
NAPAS, MIR signs co-operation projects

NAPAS, MIR signs co-operation projects

Debit card holders from Russian banks can use Việt Nam''s BIDV (Bank for Investment and Development of Vietnam) POS and withdraw cash from VRB (Vietnam Russia JointVenture Bank) ATM machines from now on. 
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.
Sacombank signs deal with Alliex to deploy shared POS infrastructure

Sacombank signs deal with Alliex to deploy shared POS infrastructure

Sacombank and Alliex Vietnam JSC have signed a deal to shared POS payment infrastructure that is integrated with many banks and allows many different payment methods.
Alliex Holdings to pour 721m into Viet Nams POS infrastructure

Alliex Holdings to pour $721m into Viet Nam’s POS infrastructure

South Korea’s Alliex Holdings plans to invest US$721 million in point-of-sale (POS) infrastructure in Viet Nam in the next five years.
Chinese tourists evading tax

Chinese tourists evading tax

Chinese tourists are reportedly avoiding paying tax in Viet Nam, with the help of tourism companies.
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.
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.
No cash withdrawal at domestic POS from March

No cash withdrawal at domestic POS from March

Credit card holders will not be allowed to withdraw cash at card readers of domestic points of sale (POS) from March this year, says the State Bank of Viet Nam (SBV).
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.
SeABank and Big C sign strategic agreement

SeABank and Big C sign strategic agreement

French-owned supermarket chain Big C and Southeast Asia Commercial Joint Stock Bank (SeABank) signed a strategic agreement on March 17.