Co-operation to issue domestic 2-in-1 card line for the first time in Vietnam

National Payment Joint Stock Company of Vietnam (NAPAS) and Vietnam Joint Stock Commercial Bank for Industry and Trade (VietinBank) have just held a signing ceremony of cooperation to deploy domestic chip card product 2Card. The event recognized for the first time the domestic card market in Vietnam appeared dual card product line (Dual Card) – a card with 2 independent chips on the same physical card embryo, of which 1 chip of the debit card Domestic and 1 chip of domestic credit card.

Overview of the signing ceremony.

According to the cooperation content, NAPAS and VietinBank agreed to develop 2Card dual card products in accordance with the State Bank (SBV) ‘s domestic chip card technical standards in order to simplify the procedures and the delivery process. card issuance for customers, meeting diversified spending and shopping needs of customers, increasing convenience and safety during card usage.

The 2Card dual card is expected to be officially released by VietinBank in the third quarter of 2021.

Speaking at the event, Mr. Dam Hong Tien, Head of Retail Division of VietinBank, said: VietinBank is the pioneer bank cooperating with NAPAS in the development of 2Card dual card product line to bring completely new experiences and difference for domestic cardholders. The 2Card card promises to provide more payment utilities with low cost and outstanding incentives.

And Mr. Nguyen Dang Hung, Deputy General Director of NAPAS emphasized that the 2Card dual card is a unique domestic card line for the first time in Vietnam, applied with the most advanced payment technology and completely owned by Vietnam. own.

2Card dual card in particular and multifunctional and multi-utility payment products in general will make an important contribution to promoting non-cash payment solutions in Vietnam – a major policy of the Government during the period. present paragraph.

The cooperation in the development of 2Card cards continues to affirm the commitment of VietinBank and NAPAS in always taking customers as the center, connecting customers with the bank with innovative, reliable, easy-to-access payment products. , easy to use for everyday life.