Many banks have recently announced they are stopping transactions of domestic automated teller machine (ATM) cards with magnetic strips, to ensure security for customers in the context of increasing cyber crimes.
The model was showcased during a site visit to Lam Thạch Cement Company, Uông Bí City, Quảng Ninh Province on the afternoon of July 11, organised by the Journal of Environment - Institute of Strategy and Policy on Natural Resources...
Starting August 7, Napas cardholders will be able to utilise the Mobile Banking application to perform interbank cash withdrawals from ATMs by scanning the VietQR code, eliminating the need for a physical card.
The State Bank of Vietnam (SBV) this week issued a dispatch, noting that domestic automated teller machine (ATM) cards with magnetic strips will remain valid for normal use after December 31, 2021.
Sacombank will support the HCM City Hospital of Hematology and Blood Transfusion and Vietnam Young Entrepreneurs Association’s programme, ‘ATM: Donate Blood to Save Lives’ by organising two blood donation drives on September 24 and October 1.
Viet Nam recorded 718,963 infections from April 27 to September 22. Over the past week, the number of infections has been hovering at an average of 10,475 cases per day.
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.
Seven banks will start issuing ATM chip cards that meet EMV standards to replace magnetic strip cards in collaboration with the National Payment Corporation of Viet Nam starting from May 28.
The National Payment Corporation of Việt Nam (NAPAS) has announced a fee reduction for its local switching system services with an aim to encourage banks replacing their current magnetic strip ATM cards with chip cards ahead of schedule.
Under a new regulation, commercial banks will have to switch 30 per cent of their current magnetic strip ATM cards – more than 25 million in total – to chip cards by the end of this year to enhance safety and...