These technologies included user facial recognition payment, Tap to Phone, and NAPAS chip card payments…

This program is part of the Cashless Day 2024 series of events organized by Tuổi Trẻ newspaper in collaboration with the Payment Department and Communication Department of the State Bank of Vietnam, with NAPAS as a coordinating unit.

With the strong growth of electronic payments, new payment technologies are increasingly developing to enhance user experience, speed up payments, and improve security, safety, and fraud prevention in payment transactions.

NAPAS introduced the Deputy Prime Minister and other delegates to biometric payment technology, a payment method based on facial recognition authentication technology.

Under the observation of the leaders, NAPAS representatives demonstrated the process from entering the payment amount to authentication through facial scanning on the payment application to quickly complete the transaction. NAPAS representatives also shared that the technology allows recognition based on the user’s face stored in the bank’s system, matched with secure elements on the chip-embedded citizen identity card issued by the Ministry of Public Security. Integrated AI technology assesses fraud risks, helping to minimize the risk of losing money and fraudulent transactions.

Currently, NAPAS is coordinating with banks to conduct pilot trials. Once officially operational, the service will enhance the seamless payment experience for users and increase security features in payment transactions.

Let’s look back at some memorable images from the NAPAS payment experience area during the three-day Cashless Festival (from June 14 to June 16, 2024) in Ho Chi Minh City:

A NAPAS representative introduces Deputy Prime Minister Lê Thành Long and other delegates to facial recognition payment technology

A NAPAS representative scans a face on the application to perform a payment transaction

NAPAS leaders take a photo with Deputy Prime Minister Lê Thành Long, Deputy Governor of the State Bank of Vietnam Phạm Tiến Dũng, the Editor-in-Chief of Tuổi Trẻ newspaper, and other delegates.

The NAPAS booth with a variety of gifts for visitors to explore and experience

Tap to Phone (Soft POS) is also one of the payment technologies used at the NAPAS booth this time. With just one tap, customers can make payments easily, saving time, and all transaction information is kept secure.

Customers only need to "flash a smile" while scanning their faces to quickly complete the payment transaction from their account.

Over 2,000 KOI Thé milk teas at a super low price, with an immediate discount of 20,000 VND when paying for orders worth at least 40,000 VND by tapping your NAPAS card.

Not only attracting young people but also older individuals who are very interested in cashless payments. This shows that cashless payments have gradually become a part of daily life and are becoming a habit among the public.

NAPAS introduces and guides people on modern payment methods, equipping them with additional knowledge and skills for convenient and safe cashless payments.

Impressive figures at the NAPAS booth during the three-day Cashless Festival - Cashless Day 2024 on Nguyen Hue Walking Street (from June 14 to June 16, 2024):

It is estimated that more than 2.000 visitors came to explore and experience new payment methods such as biometric payment technology, Tap to Phone, and NAPAS chip cards.

Nearly 3.000 gifts, including plush bear pillows, NAPAS crossbody bags, and premium scented candles,… were given by NAPAS to visitors who experienced the services at the booth.

Over 2.000 Thé milk teas were provided by NAPAS to help customers cool down during the summer through a collaboration program with partners, offering an immediate discount of 20,000 VND when paying for KOI Thé orders valued at least 40,000 VND using NAPAS cards.