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National Payment Corporation of Việt Nam

NAPAS to expand cross-border QR payment with China, RoK and Japan in 2025

NAPAS to expand cross-border QR payment with China, RoK and Japan in 2025

The National Payment Corporation of Việt Nam (NAPAS) will expand its cross-border QR payment services with countries including China, Japan and the Republic of Korea in 2025.
Mastercard and NAPAS jointly announce the first co-badged card with banks in Việt Nam

Mastercard and NAPAS jointly announce the first co-badged card with banks in Việt Nam

Mastercard, NAPAS and nine first banks, has announced a Memorandum of Understanding (MoU) to introduce the first NAPAS – Mastercard co-badged card in Việt Nam.
NAPAS ready to ensure cashless payments during Tết Holiday

NAPAS ready to ensure cashless payments during Tết Holiday

E-payment transactions in January were up 5 per cent from December 2023 and are in general growing 58 per cent year-on-year.
Cashless payment promoted in remote areas

Cashless payment promoted in remote areas

The National Payment Corporation of Việt Nam (NAPAS) in co-ordination with the Việt Nam Bank for Social Policies (VBSP) has launched NAPAS 247 Quick Transfer and NAPAS 247 Quick Transfer via VietQR Code on the bank’s mobile banking app (VBSP...
Non-cash payment through NAPAS doubled in 2022

Non-cash payment through NAPAS doubled in 2022

The number of non-cash payment transactions through the National Payment Corporation of Viet Nam (NAPAS) was increased nearly double in 2022 compared to the previous year.
NAPAS transactions up 131 per cent in value

NAPAS transactions up 131 per cent in value

The National Payment Corporation of Viet Nam (NAPAS) reported that the value of its transanctions increased 131 per cent compared to the previous year, while the number of transactions grew by 94 per cent.
Banking fees reduced to help customers overcome pandemic effects

Banking fees reduced to help customers overcome pandemic effects

Many banks have reduced or even waived fees for interbank transfers and ATM withdrawals for the rest of the year following similar cuts by the National Payment Corporation of Vietnam to support customers hit by the latest COVID-19 outbreak.
Banking system works to ensure cash supply for Tet

Banking system works to ensure cash supply for Tet

The State Bank of Viet Nam (SBV) has requested its branches, credit institutions, foreign bank branches, and the National Payment Corporation of Viet Nam (NAPAS) ensure the safety of banking operations during the upcoming Tet (Lunar New Year) holiday.
Banks to introduce domestic credit chip cards to promote cashless payments

Banks to introduce domestic credit chip cards to promote cashless payments

The National Payment Corporation of Viet Nam last week said it would work with seven banks to introduce domestic credit chip cards with unified standards to limit cash payments and tackle black credit.
First Vietnamese bank allows transactions in South Korea for local card holders

First Vietnamese bank allows transactions in South Korea for local card holders

TPBank has become the first bank in Viet Nam to allow all domestic cardholders to make payment and withdrawal transactions in South Korea in addition to international debit cards or credit cards.
Airlines and railway firms get payment fee reduction of 35 per cent

Airlines and railway firms get payment fee reduction of 35 per cent

Three airlines, Vietnam Airlines, Vietjetair and Bamboo Airways, as well as Vietnam Railways are eligible for a 35 per cent reduction in fees at Vietcombank from now until December 31.
Banks slash fees for interbank fund transfers

Banks slash fees for interbank fund transfers

Thirty seven commercial banks have confirmed the reduction of the fees for interbank fund trasfers following the move of the National Payment Corporation of Viet Nam (NAPAS) to halve the switching fees for local banks from Wednesday.
More banks slash interbank transfer fees

More banks slash interbank transfer fees

Another 15 commercial banks slashed the fees for interbank transfers of small sums worth less than VND500,000 (US$22) by March 4
Seventeen banks slash interbank transfer fees from Tuesday

Seventeen banks slash interbank transfer fees from Tuesday

Seventeen out of 45 commercial banks slashed the fees for interbank transfers of small sums worth less than VND500,000 (US$22) following the move of the National Payment Corporation of Viet Nam (NAPAS) to cut switching fees with an aim to...
Banks to issue chip cards in place of 21 million magnetic strip cards

Banks to issue chip cards in place of 21 million magnetic strip cards

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.