ATM Online app launched

ATM Online app launched

Fintech company ATM Online has officially launched its ATM Online app that offers customers online installment-loans.
Only large enterprises "involved deeply" with non-cash payments

Only large enterprises "involved deeply" with non-cash payments

VCN- Recently, Vinmart retail system of Vingroup has launched Scan & Go shopping application with many modern shopping features, bringing new experiences to users.
Banks required to limit ATM withdrawal at night

Banks required to limit ATM withdrawal at night

The State Bank of Vietnam 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
Central bank urges ATM withdrawal limits at night

Central bank urges ATM withdrawal limits at night

The State Bank of Vietnam (SBV) has asked credit institutions and banks to impose limit on cash withdrawal at their automatic teller machines (ATMs) at night, in a bid to protect themselves and their clients.
Banks to hike service fees this month

Banks to hike service fees this month

After two months postponing the increase in service fees for ATM cash withdrawals as required by the central bank some commercial banks have now resumed the plan announcing that a new service fee framework will apply from the middle of this month
Vietnam cbank orders lenders to pull the brakes on ATM fee hikes

Vietnam cbank orders lenders to pull the brakes on ATM fee hikes

With several local lenders raising fees for cash withdrawals at ATMs, the State Bank of Vietnam is stepping in to slow the ‘fee hike’ race.
Security in banking: Always be alert

Security in banking: Always be alert

VCN- There were consecutive cases of customers losing money, in many forms, from fraudulent scammers, lost information to loopholes of customers. Nevertheless, banks are still hesitant in resolving these problems thoroughly.
Cash payment accounted for only 12% of total payments

Cash payment accounted for only 12% of total payments

VCN- The proportion of cash payment in total means of payments has tended to decrease, from 14.02% (in 2010) to around 12% today.
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