Dr. Nguyen Quoc Hung, Secretary General of the Vietnam Bankers Association Fees for SMS banking services are currently three times higher than standard text charges. Banks are encouraging customers to shift to using digital banking services to help reduce cost while keeping bank fees low for customers. Dr. Nguyen Quoc Hung, Secretary General of the Vietnam Bankers Association, speaks to the media about this issue. Recently, banks have been encouraging customers to shift to digital channels to reduce fees. Particularly, some banks have waived all e-banking transaction fees on their digital platforms. What is your view on this as mobile service providers have yet to cut their messaging charges for banking services? Payment activities of credit institutions have undergone drastic innovations. New payment methods based on high-tech platforms such as apps, payment intermediary (NAPAS) and e-wallets have satisfied customers' demand for convenience, transparency and safety. Recently, banks have encouraged clients to use digital services instead of SMS banking services. Some banks even have waived money transfer fees and monthly maintenance fees on their digital channels. This move is necessary to help banks reduce costs while at the same time minimising charges for customers. In the past, banks used to send… Read full this story
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Need to lower SMS banking services fees: VBA have 321 words, post on bizhub.vn at February 24, 2022. This is cached page on Vietnam Colors. If you want remove this page, please contact us.