Cash withdrawal at ATMs without using physical cards

Vietcombank applies QR technology to the ATM withdrawal service, helping customers withdraw money easily and quickly without having to carry a card … Vietcombank applies QR technology to its ATM withdrawal service, allowing customers to withdraw money easily and quickly without having to carry a card. Today, all Vietnamese people are no longer familiar with the term ATM (Automated Teller Machine) – a banking device installed to help people withdraw cash and make money transfers and payments. payment of service bills … as soon as there is a need without having to transact at the bank. According to statistics of the State Bank of Vietnam, by the end of quarter 4/2020, the number of ATM transactions reached more than 1 billion transactions. The data shows that the transaction demand of people at ATM is still very large and increases over the years, of which cash withdrawal is the most essential need. To meet customer demand, the number of ATMs installed by banks has also grown continuously. Since 2002, when Vietcombank installed the first ATM in Vietnam, by the end of 2020, the number of ATMs has reached more than 19,000 (according to statistics of the State Bank). The efforts of the State Bank as well as commercial banks have made ATM transactions convenient and popular. However, with the rapid development of technology, in order to bring the best services and experiences to customers, making cash withdrawal at ATMs easier and more convenient, Vietcombank is one of the banks. The first line of research and development of a new service: “Physical card withdrawal” by applying QR technology with a mobile banking application. From June 2020, Vietcombank has launched QR cash withdrawal service at ATM, applicable to Vietcombank Connect24 domestic debit cardholders. Accordingly, Vietcombank Connect24 domestic debit cardholders can open the VCB-Digibank application on their phone and scan the QR code displayed at the ATM screen to withdraw money quickly without having to carry a physical card. This service brings convenience to customers, helping to avoid inconveniences when using a physical card to withdraw cash in case customers lose their card, forget to bring the card, the card is broken or ATM swallowed the card. In addition, the security when withdrawing money with QR codes is also very high, and crooks cannot take advantage of copying personal information on the card. In the future, Vietcombank plans to expand this service to international cards so that all Vietcombank cardholders can experience this superior service. Source: https://vneconomy.vn/rut-tien-tai-atm-khong-can-dung-the-vat-ly-20210311113321938.htm

More than 1 million magnetic stripe cards have changed to chip cards

Joint Stock Commercial Bank for Foreign Trade of Vietnam (Vietcombank) said that the bank has converted over 1 million magnetic cards to chip cards According to Ms. Nguyen Hong Van, Director of Vietcombank Card Center, from September 2019, Vietcombank was one of the first banks to deploy new issuance and convert magnetic cards to contactless

More

Thẻ chip (Chip card) là gì? Tại sao nên dùng thẻ chip thay cho thẻ từ?

Thẻ chip (tiếng Anh: Chip card) là thẻ ghi nợ hoặc thẻ tín dụng bằng nhựa có kích thước theo tiêu chuẩn và chứa một con chip nằm ở mặt trước thẻ. Thẻ chip (Chip card) Khái niệm Thẻ chip trong tiếng Anh có nhiều cách gọi như Chip card, smart cards, chip-and-pin cards, chip-and-signature cards, Europay

More

Nhiều tiện ích từ thẻ bảo hiểm điện tử

Theo lộ trình đã được đặt ra, từ ngày 1/1/2020, cơ quan bảo hiểm xã hội (BHXH) sẽ thực hiện việc cấp thẻ bảo hiểm y tế (BHYT) điện tử cho người tham gia. Nếu thẻ BHYT điện tử được phát hành, sẽ là bước đột phá của ngành BHXH, mang lại rất nhiều lợi

More

Translation COVID-19 slows down the process of converting magnetic cards to chip cards

Due to the impact of the COVID-19 epidemic, the roadmap for conversion of magnetic cards to chip cards is currently significantly affected, which may be difficult to achieve as planned. Chip card technology using base standards (VCCS) is being invested by banks to focus on safety and integration of utilities for customers when using. However,

More

Domestic credit cards: Increasing convenience for customers, repelling black credit

The advantages of domestic credit cards have attracted customers’ attention and are expected to contribute to repelling black credit. In recent years, the COVID-19 epidemic has had a great impact on the banking and financial market in general and the payment sector in particular. However, this is also an opportunity for non-cash payment services to

More

Electronic payment with public services: Benefit both ways

Techcombank is a typical commercial bank going early and comprehensively, leading the promotion of electronic payment channels, increasing utilities for people. At the beginning of 2020, the Governor of the State Bank of Vietnam (SBV) issued Directive No. 01 / CT-NHNN requiring the banking industry to speed up non-cash payments, especially via bank payment for

More

Đối tác - Khách hàng