VISA International urges banks to increase credit card security

VISA International has urged all 13 of its member institutions in Vietnam to apply Free internet Vulnerability Scanning immediately, which it launched recently in Asia-Pacific in order to increase on-line payment security.
VISA will help these institutions, including four State-owned banks, five joint-stock banks and four foreign-invested banks, install the new programme soon, said Edwards Lodens, Asia-Pacific Risk Management director.
VISA has also urged all other entities containing data of credit card holders, such as internet payment service providers and retail sale agents, to access its services on credit card security immediately and ensure their networks are checked quarterly.
These steps will help transactions and retail sales agents tightly apply international standards on payment security, said Edward Lodens.
In Vietnam, VISA cards are acceptable in over 10,000 points of sale.

 

Category: Finance