On the afternoon of April 26, Joint Stock Commercial Bank for Investment and Development of Vietnam (BIDV) Cao Bang Branch coordinated with the People’s Committee of Hop Giang ward and the Management Board of Kim Dong Food Market and Walking Street to organize a launching ceremony. “Cashless street” at Kim Dong walking street, Xuan Truong street, Hop Giang ward (City).
This is the province’s first “Cashless Street” model. Previously, BIDV Cao Bang Branch provided free QR codes – cashless payment to more than 400 business households in Green Market, Food Market, Song Bang Market and business households on walking streets. Kim Dong. From there, it helps store owners to control the cash flow of transactions through historical transparency right on the application screen without having to go on-site, optimizing travel time and costs. This form performs transactions instantly, limits congestion caused by waiting in line to pay, saves time on purchase transactions, and contributes to implementing the non-cash payment policy in the process of digital conversion. common in the area.
To effectively deploy the model, BIDV Cao Bang has established working groups to each household to propagate, support account registration, issue QR codes, and guide people to make transactions and pay via account. banks, e-wallets… In addition, launch the program “Customers scan codes – Small businesses receive gifts” for Top small businesses with the highest number of QR scanning transactions (generated) with Total prize 2 million VND. The program received the response of 113 business households on Kim Dong walking street and Green Market.
The implementation of the “Cashless Street” will facilitate the purchase of goods using digital technology, gradually changing people’s cash usage habits.
In the coming time, BIDV Cao Bang tContinue to replicate the “Cashless Street” model, promoting tourism and service activities; socio-economic development of localities; contributing to accelerating the digital transformation process and developing the digital economy on a large scale entire province.
Dieu Linh
