Tags: contactless payment

Pandemic delays chip card conversion plans

Pandemic delays chip card conversion plans

Banks have embarked on the conversion of magnetic payment cards into chip cards for greater security, but the COVID-19 pandemic has significantly slowed down their efforts, making it difficult for them to meet the deadline.

Banks poised to disinfect notes to prevent further COVID-19 spread

Banks poised to disinfect notes to prevent further COVID-19 spread

VOV.VN - The State Bank of Vietnam (SBV) have requested that banks move to disinfect bills whilst also encouraging people to use contactless forms of payment in an effort to contain the spread of the novel coronavirus (COVID-19) among the wider community.