Sacombank signs deal with Alliex to deploy shared POS infrastructure

Sacombank and Alliex Vietnam JSC have signed a deal to create shared POS payment infrastructure that is integrated with many banks and allows many different payment methods.

Banks starts to adopt advanced authentication method to enhance security A number of banks are introducing smart technology to tighten security and make customer transactions safer.

Ingenico answers consumers' call for more payment options through new LinkPlus solution Ingenico answers consumers' call for more payment options through new LinkPlus solution

New steps to speed up replacement of magnetic strip ATM cards The National Payment Corporation of Việt Nam (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.

MPOS mobile card payment leads the growth of payment channels in 2018 2018 was the year witnessing the outstanding development of the new payment method via mPOS device. There was 27,500 places accepting payment via mPOS, posting 99 per cent year-on-year increase, according to the Việt Nam Bank Card Association (VNBA).

UnPAY, Tencent Research Institute Released Whitepaper on Indonesia’s Payment Market UnPAY, Tencent Research Institute Released Whitepaper on Indonesia’s Payment Market

Central bank issues roadmap for ATM card upgrades

Under a new regulation, commercial banks will have to switch 30 per cent of their current magnetic strip ATM cards – more than 25 million in total – to chip cards by the end of this year to enhance safety and service quality.

Adyen Adopts Oracle Payment Interface to Streamline Payments for Bars and Restaurants Adyen Adopts Oracle Payment Interface to Streamline Payments for Bars and Restaurants

LienVietPostBank and BC Card promote digital banking

LienVietPostBank and BC Card - the largest credit card network in South Korea on Monday in Hà Nội signed a memorandum of understanding (MoU) for co-operation to promote non-cash payment in Việt Nam.

Banks required to limit ATM withdrawal at night

The State Bank of Việt Nam (SBV) has required credit institutions and branches of foreign banks in the country to limit cash withdrawal at their automatic teller machines (ATMs) at night.