The result was gained thanks to drastic instruction from the provincial People’s Committee to implement Prime Minister’s Decision No.1813/QD-TTG on October 28, 2021 about approving for the Project to develop noncash payment in 2021 – 2025 period.

Staff at Bac Giang provincial Oncology Hospital instructs patient’s relative to scan QR code for hospital charge payment.

Accordingly, the organizations, agencies, districts and city accelerate noncash payment; the schools, hospitals, power and water companies…are encouraged to collaborate with the banks and intermediate agencies to collect school fee, hospital charge, water and electricity charge…by cashless method.

As one of the businesses actively responding to this movement, Bac Giang Power Company implements various measures to encourage nearly 600,000 customers. The company diversifies noncash payment method by inking electricity billing and collection contracts with 8 banks of Agribank, Vietinbank, Vietcombank, BIDV, MBBank, HDBank, MSB, Techcombank as well as 9 intermediate agencies.

Besides traditional payment method, customers can pay for electricity charge via bank services like bank transfer, bank deposit, ATM, smart banking on smart phone or electronic banking which help them have active payment with no extra cost at any time and place.

So far, more than 80 percent of the customers have paid for electricity bill by cashless method.

Similarly in Bac Giang Clean Water Joint Stock Company gradually enhances the rate of noncash paid bills, which helps reduce the manpower and expense for water bill collection.

The increase noncash payment proves dramatic habit change of local people, especially since the Covid-19 outbreak. The expert showed that the convenience is always the top preferred criteria for users in selecting noncash payment method. It is an inevitable trend in the future.

However, to further accelerate noncash payment, the people and business suggested the banks to focus more on the security and confidentiality as well as prevent any risk in transaction.

The sectors and localities should continue communication and encourage people to actively respond to cashless payment.

Cashless Day to feature a wide range of activities

Cashless Day 2021 is scheduled to take place on June 16 with a wide range of activities aiming at raising public awareness of non-cash payment.

Bac Giang accelerates cashless payment

(BGO) – After reviewing the proposal from the Bac  Giang branch of State Bank, the People’s Committee in the northern province of Bac Giang has issued document to urge the acceleration of cashless payment service.

Non-cash payment development plan in 2021-2025 approved

Deputy Prime Minister Le Minh Khai signed a decision on October 28 to approve the project on developing Vietnam’s non-cash payment for the 2021-2025 period.

Bac Giang enhances non-cash payment solutions

(BGO) – Currently, the rate of cash payment is much higher than the set target for national payment method, accounting for 11.33 percent.