The people’s habit of withdrawing cash from ATMs has changed

According to a report by Vietnam National Payment Joint Stock Company (Napas), many people are more accustomed to spending through cards, banking applications, instead of cash withdrawals.

If in 2018, 62% of people use bank cards to withdraw cash, this figure has decreased to 42% in 2019. Data from Napas shows that people tend to shift from cash withdrawal to spending. money, to non-cash payments via electronic banking channels.

In fact, on banking applications, many services are available such as paying for electricity, water, and telephone, then allowing to link with e-commerce sites to buy many other items. The total value of transactions in these forms increased by more than 170% last year.

Banks also continuously launch promotions, refunds for card spending to encourage people to pay without using cash, reduce the load for cash withdrawal needs that cause congestion at ATMs at the end of the year.

 

All 6 types of papers are about to change, the people of the country benefit

In the coming time, it is expected that there will be a “revolution” involving a series of important papers for each citizen – a new step in the efforts to reform administrative procedures of the authorities. permission. 1. Identity of the citizen attached to the chip The Law on Citizen’s Identity stipulates that, starting from

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BIOLOGICAL TECHNOLOGY: SECURITY COURSE OF BANKING IN THE FUTURE

The following article discusses IDEX Biometrics ASA’s Vice President, David Orme about the concerns of Generation Z (those born from 1995 onwards) on online banking security. and the importance of biometric technology to the younger generation. The payment ecosystem continues to grow due to the ever-increasing interest in payment methods. Today, Generation Z is considered

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LAUNCHING CHIP ATM TECHNOLOGY WITHOUT CONTACT

Contactless ATM Chip Card “officially launched with many outstanding utilities, bringing optimum convenience and safety for users: – Card information is encrypted in security in Chip, protecting customers from fraud and fraudulent transactions; – Make payment easier and faster with “Touch payment” technology – Certified with VCCS Chip card standard * (* VCCS: Chip card

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Ngân hàng đổi thẻ để chống trộm

Khoảng 23 triệu thẻ nội địa do các ngân hàng trong nước phát hành sẽ phải hoàn tất chuyển đổi sang thẻ chip trong vòng 6 tháng cuối năm 2019. Đến cuối năm 2021, toàn bộ thẻ trên thị trường ATM nội địa theo công nghệ chip. Chuyển đổi khoảng 23 triệu thẻ ATM Tối 28.5, Công

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Mastercard is committed to traveling with Vietnam to create a world that is not limited by cash

Vietnam is really moving ahead of more developed countries like Singapore and Malaysia in electronic payment, with the fastest mobile payment growth in the world, from 37% in 2018 to 61% in 2019. “Within 6 years, the scale of the Vietnamese e-commerce market is expected to be the second in Southeast Asia. This is really

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“Chip hoá” để hạn chế rủi ro

Nâng cấp hệ thống phát hành thẻ sẽ phải đi cùng với việc nâng cấp hệ thống chuyển mạch. Ngân hàng phải đầu tư thêm, song họ phải chấp nhận vì đây là nhu cầu tất yếu, phù hợp với xu thế chung của các quốc gia trên thế giới, góp phần đảm bảo an ninh,

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