Banks battle Tet ATM overloadAs demand for cash withdrawals at ATMs doubles or triples around the Vietnamese Tet holiday, banks are recommending customers use electronic payment or scan their cards at POS machines or use quick response (QR) codes instead of withdrawing cash at ATMs. A long queue in front of ATMs due to shopping demand near the Tet holiday, near Hoa Lac Highway, Ha Noi. On the other hand, at the time before and during the Tet holiday, banks as well as goods and services suppliers have many promotions and discounts for customers when using cards. Huynh Buu Quang, General Director of Maritime Bank, said that by paying via QR code, customers do not have to spend much time waiting and queuing; even when forgetting wallets or bank cards, customers still can pay bills at shopping points. Despite the ceaseless increase in the number of ATMs and POSs, with the demand for cash withdrawal during the days near Tet, ATMs have become obstructed.


Source:   VietNamNet News
February 10, 2018 02:03 UTC