From today, ATM cards issued on the market must be chip cards

TTO – As of March 31st, banks are no longer issuing new domestic cards as magnetic cards to switch to chip cards. The cessation of issuing magnetic ATM cards is to comply with the provisions of Circular No. 22 on amending and supplementing a number of articles of Circular No. 19 on banking card operations. In Circular 22, the State Bank of Vietnam stipulates a mandatory period for banks to stop issuing magnetic cards as of March 31, in order to prevent some banks from continuing to issue new magnetic cards. customers, affecting the roadmap to convert local chip cards in 2021. Recognizing the fact that over the past time, some banks have gradually converted to ATM chip cards. From February 2020, Vietcombank announced to stop providing services for Connect24 cards with prefix 686868 and asked customers to come to the counter to exchange for free cards. At TPBank, the issuance of new domestic chip cards has been tested since the end of 2018 and officially released to all customers from June 2016. All ATMs, POS and LiveBank machines of this bank have also been upgraded and converted to accept domestic chip cards. Some banks also develop a non-physical card such as Nam A Bank, which issues a non-physical credit card, integrated right into the Open Banking digital banking application to help customers make transactions without holding the card. in your wallet, don’t worry about losing your card. Currently, many banks are still maintaining the policy of converting free to chip cards for customers. However, according to some banks, since the magnetic ATM card is still being used normally, many customers have not actively registered to switch cards because they are afraid of the procedure. According to the National Payment Corporation of Vietnam (Napas), by the end of 2020, 38 banks have issued domestic chip cards, and upgraded the infrastructure to accept chip cards on ATMs. POS. Source: https://tuoitre.vn/tu-hom-nay-the-atm-phat-hanh-tren-thi-truong-phai-la-the-chip-20210331192849882.htm

Regulations on the model of citizen’s identity card attached to electronic chips

The form of a Citizen Identification Card (CCCD) under Circular No. 06 has an electronic chip and stores basic information of citizens, with two languages in Vietnamese and English. Circular No. 06/2021 / TT-BCA on the model of citizen’s identity card (Circular 06), including 05 articles and takes effect from January 23, 2021, signed by

Domestic chip card BIDV Smart – the official smart card to consumers

Fully converging the most advanced card technologies in the world, BIDV Smart card promises to change the habit of using domestic cards of Vietnamese people. In the booming technology society, technology products called smart become attractive in the eyes of consumers. A smart product that delivers the message of excellence, save time, experience technology and

Cùng Agribank thanh toán không tiếp xúc, không tiền mặt tránh dịch Covid-19

Trước tình hình dịch viêm phổi virus corona đang có những diễn biến phức tạp, Agribank khuyến khích khách hàng giao dịch online qua dịch vụ ngân hàng điện tử Internet Banking, E-Mobile Banking hoặc sử dụng thẻ Visa/Master với công nghệ không chạm để tránh nguy cơ lây nhiễm. Agribank E-Mobile Banking Với ứng

Banks change cards to prevent theft

About 23 million domestic cards issued by local banks will have to complete conversion to chip cards within the last 6 months of 2019. By the end of 2021, all cards in the domestic ATM market are based on chip technology. Convert about 23 million ATM cards On the evening of May 28, Vietnam National

Dừng phát hành thẻ ATM băng từ

Ngày 31.3, các tổ chức tín dụng sẽ chấm dứt việc phát hành thẻ ATM băng từ theo lộ trình chuyển đổi thẻ ngân hàng sang thẻ chip nội địa. Theo lộ trình quy định tại Thông tư 22/2020 của Ngân hàng Nhà nước sửa đổi Thông tư 19/2016 quy định về hoạt động thẻ

ACB phát hành hai dòng thẻ chip nội địa mới áp dụng công nghệ VCCS

Tuân thủ Thông tư 41/2018/TT-NHNN, đồng thời gia tăng trải nghiệm và nâng cao tính an toàn trong giao dịch thẻ nội địa, ACB đã phát hành hai dòng thẻ chip nội địa mới sử dụng công nghệ VCCS: Thẻ chip ghi nợ nội địa với tên gọi ACB Green và Thẻ chip tín dụng