SHB offers free conversion of magnetic cards to VCCS standard chip cards

In order to improve the security and safety of card transactions, SHB will support customers to convert magnetic stripe ATM cards to VCCS-standard chip technology cards at a cost of "0 VND". This is considered an effective solution to ensure the safety of card transactions for customers according to international standards. Accordingly, to own a modern domestic chip card, customers only need to bring their identification documents (ID card/citizen ID card with chip) to SHB transaction points nationwide to be guided to convert the card and update biometrics as soon as possible.

ATM magnetic cards are cards with a dark magnetic strip attached to the surface of the card. During transactions, there are cases where customers reveal information when entering the PIN code because a group of bad guys secretly install devices to record in order to steal property. Magnetic cards are also easily scratched after a period of use, which can greatly affect the use of the card in the future. Meanwhile, with SHB's domestic debit card with VCCS standard chip, card information is stored on an electronic chip to help minimize counterfeiting and fraud in transactions, increasing safety and security like high-end cards in the world . In addition, the card is also equipped with contactless transaction technology, customers only need to place it close to, touch, or wave the card lightly on the card acceptance device (POS) with one-touch payment feature, to be able to make transactions quickly and easily.

“SHB's free conversion from magnetic cards to chip cards not only helps customers save money, but also improves the quality of banking services, making year-end shopping easier and safer,” emphasized a SHB representative .

In the near future, SHB will soon stop all magnetic cards to ensure greater safety for customers when making card transactions. At the same time, for customers who are using magnetic cards and have not made any card transactions within the last 12 months, SHB will stop operations and stop card transactions from 10 days after sending a notice to each customer via email/notification push app. In particular, during the card conversion process, in addition to domestic debit cards, customers can also choose to open and use international EMV chip debit cards such as SHB Visa/Mastercard Debit, SHB-FCB Mastercard Debit to make transactions, payments, withdrawals... anytime, anywhere globally; at the same time, enjoy monthly cashback incentives of up to 2% for the fields of cuisine, travel, hotels, spending at supermarkets, sports, fashion , advertising...

Please note, SHB does not require customers to provide information or card images, identity documents via SMS, via social networking platforms Zalo/Telegram/Facebook Messenger/Viber..., via email to cancel cards or perform other card transactions. SHB recommends that customers be vigilant against current forms of fraud and scams. For more details, please visit https://www.shb.com.vn or contact the 24/7 customer support hotline: *6688 for support. Source: https://daibieunhandan.vn/shb-mien-phi-doi-the-tu-sang-the-chip-dat-chuan-vccs-post399491.html