Petrolimex to launch non-cash payment service Business

Petrolimex to launch non-cash payment service

Domestic ATM card holders of 41 National Payment Corporation of Vietnam (NAPAS) member banks can pay by card at the Vietnam National Petroleum Group (Petrolimex)’s petrol stations nationwide from August 1.
Business

Non-cash transactions on sharp rise in Vietnam

The proportion of cash transactions in total means of payment declined from 20.3 percent in 2004 to 14 percent in 2010 and around 12 percent at present, according to the State Bank of Vietnam.
Business

ATM card holders in Vietnam have 4 billion USD

ATM card holders in Vietnam had 89.8 trillion VND (4.08 billion USD) in 42.7 million current accounts at the end of June, according to the latest data from the State Bank of Vietnam. The savings earn 1.2 percent in interest per year.