Card Festival for Vietnamese youth officially opened, “fever” with payment bracelets

The 2nd Vietnam Card Day with the theme “Confidently opening the way” is co-operated by Tien Phong newspaper with the National Payment Corporation of Vietnam (NAPAS) under the direction of the State Bank of Vietnam to promote and advocate for payment methods to reduce the use of cash, increase the use of payment methods based on digital technology to implement the national digital transformation strategy in the banking sector, specifically the “Project develop non-cash payment for the period 2021-2025” approved by the Prime Minister in 2021.

Card Festival for Vietnamese youth officially opened

The Covid-19 pandemic along with the complicated developments of the 4th wave have made an important contribution to changing the transaction habits of Vietnamese consumers. Long-term social distancing interferes with contact payment methods.

There has never been a time when applications in payment methods such as contactless payments, QR code payments, e-wallets, mobile payments,… and digital technologies such as eKYC (customer identification technology) online) has the opportunity to make payments so easy.

Journalist Le Xuan Son, Editor-in-Chief of Tien Phong Newspaper, Head of the Organizing Committee, said that in the context of the current epidemic, non-cash payment plays a very important role. Through the program, the Organizing Committee wants to act as a bridge for young customers to access and experience modern and convenient payment services provided by financial institutions and commercial banks. grant.

The 2nd Vietnam Card Day with the theme “Confidently opens the way” contributes to communicating and realizing the Government’s goals on digital transformation and development of the digital economy. Young people have both acumen when accessing new technologies and easily mastering technology, which is also a source of creative power to add internal resources to the overall economic development of the country.

Speaking at the event, Deputy Governor of the State Bank of Vietnam Pham Tien Dung emphasized that the Vietnam card date 2022 has been confirmed, meaningful, and widespread. One of the goals of the Vietnam Non-Cash Payment Development Project is to vigorously apply 4.0 technology to innovate and develop payment infrastructure, develop secure non-cash payment services, utilities, meeting the increasing payment needs of people and businesses.

In recent years, the SBV has actively researched and developed legal regulations to create favorable conditions for the implementation of payment services based on advanced technology applications, contributing to the promotion of cashless payments. face. Timely regulatory policies have facilitated banks to invest in technical infrastructure and develop digital payment products and services, etc. and have brought some results.

Specifically, 2 million more customer accounts have been opened using the eKYC application; e-payment activities have increased sharply in the past 5 years as the number and transactions via mobile phones have increased by 50% and 80% year on year, respectively; the percentage of adults with bank accounts reached 66%…

As the coordinator, Mr. Nguyen Quang Minh, General Director of NAPAS shared, in order to contribute to creating a vibrant atmosphere of this year’s Wave Festival, NAPAS and banks and partners continue to promote the event. introduce modern payment products and services to young people.

Through interactive activities and experiences with digital payment technology such as contactless chip card touch payment in purchases, bus rides, payment by scanning VietOR code… the students will understand more about the benefits benefits of electronic payment methods, thereby promoting the habit and forming a trend of digital payment that brings the good values ​​of a cashless society.

Thousands of gifts have been delivered to young people

The Wave Festival event includes main activities such as: experiencing cashless payment technology at 100% of booths, demonstrating the most modern and advanced bank card payment technology, alternating with demonstration activities. Artistic performances of young Vietnamese bands and singers are loved by young people.

At the event, the Organizing Committee gave 10,000 gifts to those who participated in the experience. On the first day of the event, thousands of gifts were given out.

Going to participate in the experience, Ms. Diu (National Economics University) said that she had approached and experienced in reality the achievements in the digital transformation of the banking industry expressed through payment methods and payment methods. the bank’s diverse digital technologies, including: Experience VietQR technology at the check-in and gift-receiving areas, shopping activities; Access & experience digital technology: Contactless payment, QR code, NFC technology, Digital bank, eKYC technology (electronic customer identification technology 1). Practical experience of payment methods and digital technology applied in the fields of education, transportation, buying and selling…

“At this year’s event, Napas’s payment bracelet brought me the most interesting and impressive experience. With the payment bracelet, I bought many items at Wave Festival from drinking water, books, ornamental plants, … with just one touch from the payment bracelet. Hopefully, such products will quickly be widely deployed,” said Ms. Diu.

The Wave Festival event lasts until 5:00 p.m. on April 17. At the end of the two-day event “Wave Festival”, customers can continue to use modern forms of payment technology to shop and spend at more than 274,500 card-accepting units and participate in the Mega Sale program in response. Vietnam Card Day.

NAPAS cooperates with banks to encourage customers to convert from magnetic card to chip card, use the card for daily payment transactions with a number of promotions such as cashback, gift giving, lucky draws valuable prizes.