Vietnam boosts cashless payment

A shopping festival, part of the “Vietnam Card Day 2020”, took place at Bach Khoa Stadium in Hanoi on Sunday drawing 17 commercial banks and international financial and credit organizations.

Festival goers had opportunities to experience non-cash payment services at all stalls and see the most advanced bank card payment technology demonstration together with art performances by young Vietnamese bands and singers.

Nguyen Quang Minh, Deputy General Director of the National Payment Corporation of Vietnam (NAPAS), said the event helped young people know more about safe and modern bank payment technologies.

He added that chip bank cards with high security and contactless payment feature are suitable for many specific forms of payment at shopping centers, convenience stores, gas stations, and public transport stations.

Source: VOV5