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Banks end magnetic cards, require biometrics for firms from July 1
From July 1, banks across Việt Nam stopped using magnetic stripe cards and now require biometrics for company accounts to prevent fraud and improve security.
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Vietnam enhances regulatory framework to promote cashless payments
Vietnam is enhancing its regulatory framework and policies to promote cashless payments as part of its strategy to develop a more digital economy.
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Visa Asia Pacific announces new era of AI-driven commerce
The future of commerce in Asia-Pacific was on display at the Visa Asia Pacific Media Showcase, where the company announced a suite of product innovations and strategic partnerships to enable a new era of commerce for the region.
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SHB presents payment solution at Banking Digital Transformation event
As one of the first banks invited to present at the event, SHB highlighted its comprehensive digital offerings tailored for administrative and public sector units, aiming to accelerate the digitalisation process across Việt Nam's financial system.
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Bilateral payment connection using QR code between Vietnam and China
Industrial and Commercial Bank of China (ICBC) acts as the Chinese focal payment bank in the Cross-Border QR Code Connection Project, coordinating with NAPAS and Vietcombank to deploy a modern digital payment infrastructure, aiming to integrate the payment ecosystems of the two countries.
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Shinhan Bank VietNam achieves the PCI-DSS certificate version 4.0.1
Shinhan Bank Vietnam Limited (“Shinhan Bank”) achieved the international Payment Card Industry Data Security Standard Certificate (“PCI-DSS”) with the highest level 4.0.1 assessed by Broadband Security (Korea).
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VIB Business Card - Enterprise credit card with up to 57 days interest-free and cashback on all spending
With a vision to maximize benefits and elevate enterprises, Vietnam International Bank (VIB) officially launches the VIB Business Card, a pioneering financial solution tailored to meet the growing demands of Vietnam’s business community.
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NAPAS Brings Apple Pay to its Customers in Vietnam
The National Payment Corporation of Vietnam (NAPAS) today brings Apple Pay to its cardholders in Vietnam. Apple Pay is an easy, secure and private way to pay in-store, in-app and online.
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Shinhan Bank to introduce QR pay service to Lotte Mart Vietnam
Shinhan Bank Vietnam Limited (Shinhan Bank) will launch its QR Pay service across all Lotte Mart Vietnam stores on Saturday.
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Vietnamese, Australian firms promote strategic cooperation
EzyRemit Worldwide, one of the leading fintech companies in Australia specialising in international payment solutions, held a strategic meeting with representatives from Sacombank-SBR of Việt Nam on February 17 in Sydney.
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Payment habits now moving towards more efficient means
AI has become increasingly popular in the banking industry. Tim Evans, CEO of HSBC Vietnam, talked with VIR’s Hong Dung about how AI will drive banks forward.
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Cross-border QR payment service launched between Vietnam and Laos
A cross-border QR payment service between Vietnam and Laos was launched on January 9 to bolster tourism and economic exchanges between the two countries
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QR code payment transactions surged in 2024
The year 2024 has marked a significant shift in Vietnamese consumer behaviour toward non-cash payments.
