Alarm bells will be installed in automatic teller machines (ATMs) across Viet Nam following a series of reckless raids by bandits in both Ha Noi and HCM City in recent months. The East Asia Bank started installing alarm devices in its ATM on Tuesday. Deputy managing director of the bank, Le Tri Thong, said the [...]
The State Bank of Vietnam plans to apply measures to protect card holders, but the measures have not been applauded by the public. In the draft regulations on managing ATM transactions the State Bank stipulates that people cannot not wear motorbike helmets or protective masks when making transactions with ATM. In addition, those who wait [...]
The ATM card market is being given priority by commercial banks to help them raise revenue next year. According to the Viet Nam National Financial Switching Joint-Stock Company (Banknetvn), Viet Nam’s banking system had 11,000 ATMs, 42,000 merchants and more than 40 card-issuing banks, with over 27 million payment cards issued. The largest transaction processing [...]
Some days ago, an ATM in HCM City was reportedly attacked by viruses which made transactions come to a standstill. Internet security experts have warned that ATMs have become the new targets for virus attack in Vietnam. Thai Nguyen Hoang Nha, Director of the Computing Centre of Dong A Bank, told Thoi bao Vi Tinh [...]
Vietnam’s payment card market (ATM card) has been officially connected after the National Financial Switching Joint Stock Co (Banknetvn) and Vina Intelligent Card Joint Stock Co (VNBC) officially made connections for payment services of interbank cards yesterday May 20. The connection between Banknetvn and VNBC along with the success of connection between Banknet.vn and Banknetvn-Smartlink [...]
Last year Vietcombank, the leading bank in field of ATM card, reduced the promotion programmes while another giant ACB only concentrated on developing international credit cards instead of domestic products. Nguyen Thanh Hang, director of Vietcombank’s Card Centre said that her bank had to cancel the promotion programme of ATM card opening free of charge [...]
Ending the year 2009, Vietnam Bank for Agriculture and Rural Development (Agribank) gained the top place amongst banks on the number of ATM cards. However, the ratio of real ATM card users is still topic of people’s interest. According to statistic from Vietnam Bank Card Association, till the end of 2009, in the domestic card [...]
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