NAPAS FastFund 247 is a service provided by NAPAS to member banks, payment intermediaries, and money transfer service providers allowing customers to use their card or account banks to transfer and receive money immediately through the following means and transaction channels
Means of payment
Card
Bank account
VietQR
Mobile phone number
E-wallet account
Mobile Money
Transaction channels
Internet banking
Mobile banking
ATM
Transaction counters
VietQR standard complies with EMV Co.’s QR Payment standard and the Basic standard practice for QR codes issued by the State Bank.
Quick transactions/Simplifying customers’ experience and increasing payment speed by scanning QR codes, instead of selecting and inputting information as usual.
Customers are able to create their own QR codes using bank accounts issued by over 50 NAPAS’ member banks.
Making transactions anywhere, anytime, even outside office hours and during weekends, as long as each transaction is under 500 million VND.