Did you know that contactless swipe?

Contactless payment was born, contributing to increasing the confidentiality and security of customers’ information during the transaction process, limiting customers being taken advantage of.

Following the payment trend with QR Code, Contactless Payment is a modern payment method, which has just been deployed in Vietnam market recently.

Compared with conventional cards, Chip cards with Contactless technology bring many benefits to cardholders and card accepting units for fast processing speed, convenience in transactions and card security.

One of the outstanding advantages of contactless payment method is shortening transaction processing time, saving customers time, thereby contributing to improving the modern payment experience and improving the satisfaction. customer satisfaction.

When making payment, customers only need to touch the card to make payment without worrying about change / change for small value transactions. In particular, customers do not need to sign the invoice for transactions worth less than 1 million.

With the speed of payment faster than ordinary contact cards, card accepting units can take full advantage of the time to increase customer service productivity, contributing to improving business operations.

Currently, the network accepts card payments widely at many convenient stores, restaurants and supermarkets / shopping centers such as KFC, CGV, Circle K, Coopmart …

Contactless payment was born, contributing to enhancing the confidentiality and security of customers’ information during the transaction process, limiting customers being abused or stealing card data during the payment process at POS devices like traditional card swipe methods.

To make contactless payment transactions, customers only need to follow these simple steps:

– Step 1: Find the touch payment icon at the checkout counter, which is the wifi signal icon

– Step 2: Cashier the amount you need to pay on the device that accepts the card

– Step 3: TOUCH Customer card on the logo, keep the card at a close distance (below 4cm)

– Step 4: When the transaction is successful, the screen will display “Approved” and the card reader can beep or flash a green light. The customer may request a paper receipt for the completed transaction.

In an ongoing effort to innovate and apply modern technology to card products and services, in December 2019, BIDV officially launched BIDV Visa Platinum Cashback card product based on EMV Contactless technology.

This is a form of payment that allows customers to place / touch the card on a card payment device (POS) with contactless payment function without inserting the card into the chip card reader or swiping the card into the POS device as in Traditional card reading method.

– Source: Giaoduc.net.vn-