Loc Viet Agribank Card

The Vietnam Consumer Trust Program is an annual event initiated and carried out by the Consumer Consulting publication (now the Consumer section) of the Vietnam Economic Magazine – VnEconomy from 2006 to present. The program is organized to announce and honor products and services surveyed by the community of consumers, readers, experts, reporters and editorial boards of publications under the Vietnam Economic Journal. trust and vote.

PwC’s “Consumer Habits 2023” survey shows that consumers tend to cut spending, combine in-person and online shopping and prioritize using products from reputable suppliers. . Specifically, 62% of consumers tend to reduce consumption of non-essential items, lower than the global average (69%), and 64% of consumers expect to shop online more often. In addition, the level of competition in the retail industry is strong, forcing businesses to optimize both product and service quality and consumer shopping experience. Integrating new technology, digitalization and greening is now a mandatory trend, not a choice. In that context, the Vietnam Consumer Trust Program 2023 chose the theme “Practical essentials – Pioneering breakthroughs“, to recognize and honor the impressive initiatives, creativity and success of businesses in the process of adapting to the new wave of consumption.

Within the framework of the Announcement & Honoring Ceremony of TOP 50 Vietnam Trusted Products and Services 2023, with the theme Practical Essentials – Breakthrough Pioneers, each honored product or service is a testament for the trend of “BUY ESSENTIAL items, SPEND money for PRACTICAL services” – from both the consumer and business perspective. Besides, this is also an opportunity for businesses to share new technology and support each other in building a sustainable retail market. The fact that Loc Viet Agribank card was voted as Top 50 Trusted Products and Services in Vietnam 2023 further affirms Agribank’s brand and quality of payment services in the Vietnamese market. This is also the motivation for Agribank to continue to increase the search for solutions to improve and promote the trend of non-cash payment.

Loc Viet Agribank Card is one of Agribank’s key solutions to promote non-cash payments and contribute to limiting and repelling black credit in Agriculture and Rural areas. With outstanding payment technology, integrating two credit card and debit card applications on the same chip according to VCCS standards, customers can be completely proactive in choosing the payment tool that suits their plan. own finances. In addition, Loc Viet Card fully meets the technical elements of safety and security according to the most advanced VCCS standards. Card information is stored on the chip instead of on the magnetic strip, helping to reduce counterfeit and fraudulent transactions.

Loc Viet Agribank card is also a product that won the Sao Khue award for excellent information technology system in the fields of Finance – Banking and Digital Banking. This is the result and recognition of Agribank’s continuous innovation and pioneering efforts in providing banking products and services on a modern information technology platform, demonstrating Agribank’s positive contribution. In implementing the national comprehensive financial strategy, the project promotes non-cash payments in Vietnam, contributing to the banking industry successfully implementing digital transformation, creating digital life, and bringing digital technology become a new driving force for the country’s economic and social development.

As a commercial bank that always strives to apply digital technology, aiming to transform the digital banking model as a core factor for sustainable development in the current trend, Agribank is moving towards universal banking coverage. digital banking nationwide, improving access to banking and financial services for people.