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bank card

Central banks to amend regulations on bank card operation

Central banks to amend regulations on bank card operation

The change aims to establish a comprehensive legal framework to promote non-cash payments and card development in the country.
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.
MPOS mobile card payment leads the growth of payment channels in 2018

MPOS mobile card payment leads the growth of payment channels in 2018

2018 was the year witnessing the outstanding development of the new payment method via mPOS device.
VN to have first domestic chip cards in Q1 2019

VN to have first domestic chip cards in Q1 2019

Viet Nam’s first domestic chip cards will be launched in the first quarter of next year to enhance safety and service quality of the country’s bank card operations.
Central bank issues standard set for domestic chip cards

Central bank issues standard set for domestic chip cards

The State Bank of Viet Nam (SBV) has recently issued a standard set for domestic chip cards for the first time to enhance safety and service quality of the country’s bank card operations.
Huge number of bank cards unused

Huge number of bank cards unused

Fifty million of the 132 million bank cards issued in the country are not in use, causing an enormous waste of resources, the Viet Nam Bank Card Association has said.
Government approves plan to reduce cash use

Government approves plan to reduce cash use

The Government has approved an e-commerce development plan for 2016-20 that targets 50 per cent of consumers switching from cash to other forms of payment.
Bank card market sees strong growth

Bank card market sees strong growth

The bank card market in Viet Nam has seen remarkable development in all activities of issuance, payment, card usage, and network growth over the past few years.
Vietcombank, VinE-com and Smartlink ink joint services pact

Vietcombank, VinE-com and Smartlink ink joint services pact

One of Viet Nam''s largest commercial banks has joined forces with an e-commerce retail company and a digital linkage service provider in enabling customers to make online payments.
Cards win over more consumers

Cards win over more consumers

The Viet Nam Bank Card Association''s report says that 68.55 million bank cards were in use in the Vietnamese market at the end of the first quarter of 2014.
Banks brace for ATM withdrawal surge surge

Banks brace for ATM withdrawal surge surge

Banks in HCM City are ensuring that all ATMs will operate smoothly during the Tet (Lunar New Year) holidays to meet demand for cash withdrawals.
SBV says nearly 63m bank cards in use

SBV says nearly 63m bank cards in use

The number of bank cards in circulation nationwide reached 62.93 million at the end of the third quarter, rising 4.62 per cent from the previous period, according to the State Bank of Viet Nam.
Bank card count reached 60.15m by end of June: SBV

Bank card count reached 60.15m by end of June: SBV

The number of bank cards issued in Viet Nam rose to 60.15 million as of the end of the second quarter this year, up 10.8 per cent against late last year, the State Bank of Viet Nam (SBV)''s Payment and Settlement Department has...
Bank card numbers up 38%

Bank card numbers up 38%

The number of bank cards in circulation nationwide last year hit 57.1 million, an increase of 38.5 per cent over the previous year.