In order to comply with current regulations of the State Bank of Vietnam on fraud prevention in card payments as well as enhance the safety of financial transactions and optimize convenience for customers, VPBank respectfully announces:
From July 1, 2025, VPBank will [VLTN(-C1] officially stop receiving and processing transactions made via magnetic stripe on bank cards (issued by VPBank and all other banks), including payment transactions at VPBank's POS machines.
Stopping accepting magnetic stripe transactions is an important step in the process of converting and improving the security standards of the card system, towards the use of high-tech chip cards - helping to minimize the risk of counterfeiting, ensuring the rights and peace of mind for customers when using the service.
Previously, VPBank also completed the process of converting magnetic stripe cards to chip cards completely free of charge for customers and from July 1, 2025, it will also stop supporting all transactions of magnetic stripe cards.
In case you need to convert or open a Chip card issued by VPBank, you can register here or contact the responsible Customer Service Officer or any VPBank Branch/Transaction Office for support to ensure smooth transactions. For more details about this announcement or need support, please contact:
- Hotline : 1900 234 568 (extension 3)
- Email : chamsocdoanhnghiep@vpbank.com.vn
VPBank would like to sincerely thank you for your trust and support. We are committed to continuously improving the quality of our products and services to bring the safest, most modern and convenient financial experience to our customers.
[VLTN(-C1] Backdate June 30, 2025
Source: https://www.vpbank.com.vn/tin-tuc/tin-vpbank/2025/thong-bao-ve-viec-ngung-chap-nhan-giao-dich-the-cong-nghe-tu-tren-thiet-bi-pos-vpbank
Comment (0)