Banks to introduce domestic credit chip cards to promote cashless payments 09:40 | 25/01/2021
Domestic credit chip cards with unified standards were expected to be introduced this week. - File Photo
The domestic credit chip cards are expected to be officially launched this week. The seven banks include Viet Nam Joint Stock Commercial Bank for Industry and Trade (Vietinbank), Ban Viet Joint Stock Commercial Bank (VCCB), Asia Commercial Bank (ACB), HCM City Housing Development Commercial Joint Stock Bank (HDB), Bao Viet Bank (BVB), Sai Gon Thuong Tin (Sacombank) and Viet Nam Thuong Tin (Vietbank).
Previously, four State-owned commercial banks issued domestic credit cards but the issuance was temporarily halted due to inefficient operation. Some joint-stock banks already issued this type of card but without unified technical standards.