TPBank is the first bank to officially complete the system conversion, allowing the issuance and acceptance of local chip cards in Vietnam.
According to TPBank, the entire ATM system and mPOS plus of this bank have completed the conversion to accept domestic chip cards and contactless chip cards for customers, two years earlier than the SBV’s regulation as of December 31, 2020.
Specifically, TPBank will officially issue all new customers for ATM chip cards from May 15, 2019, right after Napas issues chip certificates according to VCCS standards (accepted by the State Bank) for billet suppliers. card.
As such, TPBank is the first bank to officially complete the system conversion, allowing the issuance and acceptance of local chip cards in Vietnam. This makes customers’ domestic card transactions more secure, eliminating the risk of copying card data (skimming) to steal money in the account. Skimming can only occur with ATM cards – currently widely used in Vietnam.
Completing this conversion, TPBank’s system still accepts ATM cards and ATM chip cards of TPBank and Vietnamese banks simultaneously. It is known that in 2019, TPBank is also expected to meet over 30% of the conversion needs of customers using old cards to ATM chip cards.
Previously, TPBank successfully issued an ATM chip according to the pilot Napas standard from January 2018, being the first bank in the country to successfully issue a domestic chip card combining contactless.
For card products, TPBank is currently the only bank that can issue ATM cards immediately with LiveBank, and issue Visa Debit cards that can be used to pay online immediately with the TPBank MyGo app. In addition, TPBank is also the first bank to apply electronic PIN to customers since 2017.
TPBank card accounts are also easily integrated with Savy smart savings application, QR Code – QuickPay payment application, while TPBank’s highly mobile payment card reader mPOS is also very popular. market reception.
Tin tức khác
Switch to chip card soon so you don’t lose money when using an ATM card
The conversion of all ATM cards by magnetic technology to chip technology with higher security to minimize the risk of losing money is being urgently deployed by commercial banks. Warning many still stolen data at ATM (skimming) Recently, despite repeated warnings, a series of cases of attaching equipment to steal card information at ATMs and
Xem chi tiết
Ngân hàng chạy đua sử dụng công nghệ thẻ chip
Các ngân hàng chạy đua sử dụng công nghệ trong việc chuyển đổi thẻ từ sang thẻ chip. Theo đó, khách hàng nhận được nhiều tiện ích từ thẻ chip nội địa. Công nghệ liên tục cập nhật Chuyển đổi thẻ từ công nghệ từ sang công nghệ chip là yêu cầu đặt ra cho các ngân hàng
Xem chi tiết
It is difficult for Vietnamese banks to reduce international card fees
Vietnamese banks are proposing international card issuers such as Visa, MasterCard to reduce card fees when revenue from this activity plummets due to the impact of epidemics, but the possibility of fee reduction is not high. The Vietnam Banking Association (VNBA) said that the Covid-19 pandemic was complicated and greatly affected the business activities of
Xem chi tiết
Agribank tích cực đẩy nhanh chuyển đổi thẻ từ sang thẻ chip
Chuyển đổi thẻ thanh toán nội địa từ thẻ từ sang thẻ chip là một trong những giải pháp trọng tâm của Ngân hàng Nông nghiệp và Phát triển nông thôn Việt Nam (Agribank), tuân thủ theo Đề án phát triển thanh toán không dùng tiền mặt giai đoạn 2016 -2020 của Thủ tướng Chính
Xem chi tiết
Non-cash payments via Napas increased by 48%
The transaction structure through the NAPAS system has shifted from ATM switching to interbank payment to 48%. At the 2019 Meeting Summary of Vietnam National Payment Joint Stock Company (NAPAS), Mr. Nguyen Quang Hung, General Director of NAPAS said that in 2019, NAPAS switching system will grow by 80.2%. regarding the total number of transactions
Xem chi tiết
Smart card development history
A smart card, chip card, or integrated circuit card (ICC) is a pocket card typically the size of a credit card that contains an integrated circuit capable of storing and processing data. information. It can act as an identification card, perform information authentication, store data or be used in card applications. There are two main
Xem chi tiết
