Tags: atm cards

Magnetic ATM cards replaced with chips beginning May 28

Magnetic ATM cards replaced with chips beginning May 28

Commercial banks in Vietnam will initially replace some 21 million magnetic ATM cards with chip cards beginning May 28, as the State Bank of Vietnam (SBV) has ordered issuing banks to convert their 75 million ATM cards to new chip cards.

New steps to speed up replacement of magnetic strip ATM cards

New steps to speed up replacement of magnetic strip ATM cards

The National Payment Corporation of Vietnam (NAPAS) has announced a fee reduction for its local switching system services with an aim to encourage banks replacing their current magnetic strip ATM cards with chip cards ahead of schedule.

Three Chinese men detained for using fake ATM cards

Three Chinese men detained for using fake ATM cards

The Mong Cai International Border Gate in northern Quang Ninh province announced on February 22 that three Chinese nationals had been arrested for using fake ATM cards to steal money from banks.

Habit of using cash remains popular in Vietnam

Habit of using cash remains popular in Vietnam

According to the Vietnam E-Commerce and Information Technology Agency, though the country's e-commerce market has seen significant growth, the habit of using cash remains overwhelmingly popular, accounting for 65% of online transactions.

Mass wedding for 100 couples in HCM City

Mass wedding for 100 couples in HCM City

(VOV) -The Ho Chi Minh City Youth Workers Support Centre will hold a mass wedding for 100 pairs of workers at Grand Palace Wedding and Conventions on Vietnam’s Independence Day (September 2).