Vietnam Bank for Agriculture and Rural Development updates EMV network

Agribank now has improved security and fraud protection for its card services.

According to a release, Vietnam Bank for Agriculture and Rural Development (Agribank) has updated its entire EMV network, including ATMs and POS terminals, which function using solutions from Compass Plus.

The update improves the level of security and fraud protection for Agribank’s card services, as well as bringing its customers into line with the global trend for EMV chip cards and contactless payments.

As Vietnam’s second largest card issuer with 18.8% of the market share, Agribank intends to use its new capabilities to provide its customers with a more up-to-date, reliable card service.