E ISSN: 2583-049X
logo

International Journal of Advanced Multidisciplinary Research and Studies

Volume 4, Issue 2, 2024

Developing Non-Cash Payment Activities at Vietnam Joint Stock Commercial Bank for Industry and Trade Thanh Hoa branch, Vietnam



Author(s): Mai Thi Nga

Abstract:

In the context of the booming 4.0 technology revolution and the emergence of the digital economy, the increasingly effective digital payment ecosystem is gradually causing banks to change their traditional business models globally, gradually. Step in digitizing banking, affirming the role of technology in the new era. The banking industry has been developing digital banking activities in the direction of automation, intelligence, and increased experience to bring many benefits to customers using financial services, contributing to the development of the country's payment infrastructure. Vietnam. Payment in cash as before could not meet the payment needs of the entire economy during the development period. Applying non-cash payment methods to bring more convenience, safety and cost savings is something that any bank is interested in, including the Joint Stock Commercial Bank for Industry and Trade. Thanh Hoa branch. The article uses qualitative research method to analyze the current situation of non-cash payment activities at Thanh Hoa branch of Industry and Trade Joint Stock Commercial Bank, thereby offering solutions to develop payment activities. Non-cash payments in the near future.


Keywords: Non-cash Payment, International Payment, Domestic Payment, Vietinbank

Pages: 535-540

Download Full Article: Click Here