Agribank’s IT products won Sao Khue Award 2021

Agribank Realtime Payments software product won Sao Khue Award 2021 for excellent information technology (IT) system in the banking sector.

Representative of Agribank received the Sao Khue Award 2021-Photo: Agribank Notably, this is the 6th consecutive year that Agribank has excellent software / system awarded Sao Khue award in this field. Agribank Realtime Payments Technology – Real-time low-value payment product with the function of processing low-value retail payment transactions instantly (real-time) or near-time (near – realtime) of the day or batch processing at a certain time after that, at the same time supporting many forms of payment of many different types of services. Agribank Realtime Payments is using advanced, stable security equipment capable of handling large amounts of transactions, top loading, stability, high availability, and ensuring the processing time of incoming payment transactions. fastest in the banking system. Agribank Realtime Payments has main features such as: Processing payment transactions (single, batch), processing order of checking, declaring, managing, looking up customer identification information, managing limits, handling comparison reason. All payment orders are processed automatically, accurately, responding to the results immediately to the issuing bank, thus increasing processing efficiency, releasing orders quickly, meeting the payment needs of real-time customers. In addition to the function of providing payment services to customers and payment intermediaries, Agribank Realtime Payments can also connect to government agencies and public service providers to provide collection / collection services. bank payments, social subsidies, fixed payments such as electricity, water, postal services. Deploying Agribank Realtime Payments system, in addition to developing retail payment systems and services (automatic electronic clearing system for retail payment transactions, a low-value interbank payment channel to help Agribank handle interbank payments quickly), in addition, it also increases the ability to respond strongly and expand diversified payment services to customers of Agribank. According to statistics, from May starting to deploy the system until the end of December 2020, the Agribank Realtime Payments system has processed a total transaction value of up to VND 6,800 billion and has more than 1.2 million customers using the service. .