HÀ NỘI – Starting August 7, Napas cardholders will be able to utilise their Mobile Banking application to perform interbank cash withdrawals from ATMs by scanning the VietQR code, eliminating the need for a physical card. During the launch event on Monday, Nguyễn Quang Minh, the General Director of the National Payment Corporation of Việt Nam (NAPAS), announced that NAPAS has collaborated with member banks to successfully develop an interbank ATM withdrawal service using the VietQR code (VietQRCash). Transaction limits and fees align with the current regulations for ATM withdrawals using NAPAS cards. Minh said: "Upon the successful launch with the initial eight banks, NAPAS is poised to extend the connection of the VietQRCash service across the entire market within this year. Among various electronic payment methods, the utilisation of QR codes demonstrated the most substantial growth, increasing by nearly 136 per cent in terms of transaction volume.
