The State Bank of Việt Nam (SBV) is drafting amendments to Circular 47/2014/TT-NHNN with new technical regulations on security and confidentiality for the card payment system.
Experts have warned that consumers may soon start defaulting on their credit card payments due to rising unemployment and salary cuts in many industries and sectors in the wake of the COVID-19 outbreak.
The State Bank of Viet Nam (SBV) has directed commercial banks to tighten control over credit card payments to prevent the improper use of credit cards.
E-commerce businesses may have to accept card payments as a way to offering more options to pay when shopping online, an official from the Ministry of Industry and Trade said.
Movitel mobile network received the Mobile Innovations Awards for its
best use of mobiles within a customer relationship management (CRM)
strategy, on July 8 in London, England.