Central city to boost cashless transactions (Việt Nam News)

The city of Đà Nẵng, the region’s major economic driver, is making headway in raising awareness on the benefits of cashless transactions as well as in building financial and technical infrastructure for the future development of a cashless society.

The city has implemented a project to help distribute information on cashless transactions to local businesses and people. Đà Nẵng’s State Bank office and other credit institutes have taken measures to help customers understand that their rights will be protected and their privacy and conveniences are top priorities.

Credit institutes have been reviewing the city’s POS (point-of-sale) and mPOS network to recall rarely-used POS machines, installing modern ATM machines with a wide range of functions to provide customers with more services as well as online support.

Deputy chairman of the city’s People Committee Trần Văn Miên said the project aims to change residents’ mindset and perception on cashless transactions, widen the city’s electronic-payment network coverage and cater to the needs of local residents and international visitors.

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Việt Nam News

20 August 2019

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