Sacombank accompanies Cashless Day 2025

Sacombank is one of the pioneering banks in promoting modern consumer behavior by accompanying the Cashless Day 2025 program.

Responding to the Government and State Bank's strategy for developing non-cash payments, Sacombank continues to pioneer in promoting modern consumer behavior by participating in the Cashless Day 2025 program - organized by the Payment Department (State Bank), Banking Times, Tuoi Tre Newspaper in collaboration with the Ho Chi Minh City Department of Industry and Trade and the National Payment Corporation of Vietnam (Napas) with the theme "Non-cash payments promote digital economy".

Spread positive impact on the economy

Through the program's series of activities, the organizers, Sacombank and participating units aim to not only strengthen the formation of digital payment habits, popularize modern payment methods and smart consumer knowledge, but also spread values ​​and positive impacts on the country's economy during the integration period.

At the Ting Ting Day Cashless Payment Festival - the most prominent activity of the program - taking place from 7:30 a.m. on June 14 to 9:00 p.m. on June 15 at Nguyen Hue walking street (District 1, Ho Chi Minh City), Sacombank's experience booth will send visitors convenient gifts and modern green consumer payment methods with Sacombank Pay application, Sacombank Mastercard MultiPass card, Sacombank Mastercard Metro Pass card and Visa Platinum O2 card.

At the same time, Sacombank is implementing a series of promotions "Open a green lifestyle - Spark up your digital style" from now until June 30, such as: free annual fees for life and 100% discount on transaction value when paying through automatic ticket gates at metro and bus stations with Sacombank Mastercard MultiPass card.

In addition, 100% of the transaction value is also given when paying through the automatic ticket gate at metro stations with Sacombank Mastercard Metro Pass card; 10% refund (up to 300,000 VND) when shopping at green brands such as Decathlon, Vinamilk , Xanh SM with Visa Platinum O2 card.

Sacombank also offers up to 50,000 VND/referral to open Sacombank Pay; online savings with interest rates up to 0.7%/year higher than at the counter; 50% refund (up to 25,000 VND) when topping up phone... and many other attractive incentives.

Invest heavily in digital infrastructure

Over the years, Sacombank has invested heavily in digital infrastructure, applied advanced security technology, diversified electronic payment products and services, and promoted communication campaigns to raise awareness of digital finance and change consumer behavior in the community.

This is part of Sacombank's ongoing journey to promote digital payments. By the end of May 2025, Sacombank recorded nearly 96% of transactions conducted via digital channels, more than 6.8 million downloads and uses of the Sacombank Pay application, and more than 6 million cards in circulation.

By accompanying Cashless Day and implementing many innovative digital payment solutions, Sacombank is gradually realizing the goal of building a cashless society and making practical contributions to the national digital transformation process.

In the coming time, Sacombank will continue to promote its role in connecting finance - technology - community, contributing to creating a sustainable, convenient and popular payment ecosystem for all customers.

Customers pay for Green SM bus with O2 Visa Platinum card - Photo: TH

Protect customers when paying without cash

Regarding protection solutions for customers when making non-cash payments, Ms. Nguyen Phuong Huyen - Director of Sacombank's personal customer segment - said that Sacombank is committed to protecting customers in the digital payment environment through advanced technology solutions and strict operating procedures.

In addition to biometric authentication or digital signatures as prescribed by the State Bank, Sacombank pays special attention to upgrading its information technology infrastructure, strictly adhering to card data security principles, encrypting and protecting all online payment transactions of customers, and actively communicating measures to identify and prevent fraud.

In addition, Sacombank also deploys technologies such as eKYC, Tap to Phone and contactless payments to enhance user experience and minimize fraud risks.

Last year, Sacombank also achieved the highest level of PCI DSS security certification 4.0. This is the 11th consecutive year that Sacombank has been granted this certification, demonstrating Sacombank's efforts in enhancing information security and safety.

From July 1, according to regulations, banks will also stop all business account transactions if they have not yet used biometrics. Ms. Nguyen Phuong Huyen said that biometric authentication in banking transactions not only helps prevent impersonation and fraud that cause damage to users, but also contributes to perfecting the national digital identification infrastructure, promoting digitalization, digital finance and enhancing customer experience.

Sacombank has now synchronously deployed biometric data collection for corporate customers according to the provisions of Circular 17/2024/TT-NHNN. As of early June, more than 50% of customers have completed biometric registration at Sacombank.

"We continue to promote communication and technical support to ensure that all corporate customers complete authentication before July 1, 2025 to ensure authenticity and safety in all transactions," said Ms. Huyen.

Cashless payment with smart transportation

Ms. Nguyen Phuong Huyen commented that besides the significance of passenger transport, the establishment of metro and upgrading of public transport systems in Ho Chi Minh City is a very good opportunity for cashless payment methods to become more familiar and widespread in people's lives.

Sacombank has cooperated with HURC1 and Mastercard to deploy an automatic ticket payment system using Open-loop technology on metro line 1 Ben Thanh - Suoi Tien and the citywide bus system, allowing passengers to use any credit card, payment card, e-wallet and other contactless payment methods. Currently, Sacombank is the only unit in Vietnam to deploy this payment acceptance technology. Sacombank also launched a line of cards with specific utilities for travel needs, namely Sacombank Mastercard Metro Pass and Sacombank Mastercard MultiPass, to increase convenience for users.

After nearly three months of operation, the system received positive feedback from passengers thanks to its convenient and modern experiences.

modern and safe. Cashless payment turnover through our system accounts for 67-70% of this total payment turnover.

Sacombank is continuing to expand this system to other public transport means such as river buses and electric buggies, to promote cashless payments and develop green transport in Ho Chi Minh City.

From July 1, according to regulations, banks will stop all business account transactions without biometrics. Biometric authentication in banking transactions not only helps prevent impersonation and fraud that cause damage to users, but also contributes to perfecting the national digital identification infrastructure, promoting digitalization, digital finance and enhancing customer experience.

Ms. Nguyen Phuong Huyen (Director of Sacombank Personal Customer Division)

Source: https://tuoitre.vn/sacombank-dong-hanh-cung-ngay-khong-tien-mat-2025-gop-phan-thuc-day-kinh-te-so-20250613100103392.htm