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Warning about some forms of fraud through card transactions and domestic payments
According to the representative of the Risk Management Subcommittee, Bank Card Association (Vietnam Banks Association), faking applications to take control of devices is one of the common forms of fraud for card transactions and domestic payments recently.
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To form a coordinated process for handling accounts and cards to prevent fraud and scams
On July 3, in Hanoi, the Vietnam Banks Association (VNBA) coordinated with the Vietnam National Payment Corporation (NAPAS) to hold a meeting to discuss the coordination process for handling accounts and cards related to transactions suspected of fraud, forgery, and scams.
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Untapped potential in domestic credit card market
There is a lot of untapped potential in the number of credit card holders in the domestic market, said industry insiders and policymakers during a seminar in Hà Nội on Monday, promoting the use of domestic credit cards and a cashless society.
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Cashless payment develops rapidly in VN amid security concerns
Non-cash payments continue to grow rapidly in Việt Nam, requiring a focus on ensuring payment security, a representative of the State Bank of Việt Nam said at a press conference on Cashless Day 2024 held on Tuesday in HCM City.
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Card payment market: New trends of risks and frauds
On the morning of April 8, 2024, at the headquarters of the Vietnam Banks Association (VNBA), Vice Chairman and General Secretary Nguyen Quoc Hung received a delegation of Visa International service Association led by Ms. Dang Tuyet Dung, Visa Country Manager for Vietnam &Laos.
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'Buy now, pay later' poses risk if left uncontrolled
Although "Buy now, Pay later" (BNPL) - a type of financing that allows consumers to make purchases and pay for them over time - is growing in popularity in Vietnam, experts worry it could pose some financial risks if left uncontrolled.
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ATMs being "sluggish" in terms of digital transformation
At least 95 per cent of banks in Việt Nam are actively implementing digital transformation.
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Mobile phone, QR code payments soar in popularity
Electronic and cashless payments saw significant increases in Vietnam in the first half of this year, with internet transactions growing by 76% in volume and 1.79% in value.
