DISTINGUISHING BETWEEN QR CODES FOR MONEY TRANSFERS AND QR CODES FOR PAYMENTS WITH VRB
You scan QR codes every day, but have you learned the correct type yet? Let VRB help you quickly differentiate between QR codes for money transfers and QR codes for payments in just one minute.
1. QR Code for Money Transfers
- This is a unique code created for each user, containing the recipient's bank account information; used to transfer money directly from one account to another.
- Suitable for:
2. QR Code for Payments
- This is a unique code created for the seller or service provider, containing information about the payment account and the store/service provider ID; Used to conduct payment transactions, where users scan the merchant's QR code to complete the payment.
- Suitable for:
- Payment for goods and services (food, retail, travel, healthcare, education, etc.)
- Suitable for all online and offline business models
Register to become a VRB Payment Acceptance Unit to own a convenient QR payment with:
- A simple and secure QR registration process right on the iPlus or ePlus app.
- Favorable transaction fees.
Scanning the correct QR code ensures more secure transactions - Accurate payments - Rest assured with VRB.
Register for VRB QR transfers and QR payments today!
For more information, please contact our hotline at 18006656 or the nearest VRB branch/transaction office for assistance.
1. QR Code for Money Transfers
- This is a unique code created for each user, containing the recipient's bank account information; used to transfer money directly from one account to another.
- Suitable for:
+ Transferring money to friends and relatives
+ Splitting expenses for meals and sending money for living expenses
+ Personal transactions, not related to buying or selling goods
+ Splitting expenses for meals and sending money for living expenses
+ Personal transactions, not related to buying or selling goods
2. QR Code for Payments
- This is a unique code created for the seller or service provider, containing information about the payment account and the store/service provider ID; Used to conduct payment transactions, where users scan the merchant's QR code to complete the payment.
- Suitable for:
- Payment for goods and services (food, retail, travel, healthcare, education, etc.)
- Suitable for all online and offline business models
+ Transparent revenue for sellers, facilitating tax declarations and protecting buyer rights.
+ Supports cross-border payments: Supports QR payment for foreigners when paying in Vietnam, enhancing travel and shopping experiences.
+ Supports cross-border payments: Supports QR payment for foreigners when paying in Vietnam, enhancing travel and shopping experiences.
Register to become a VRB Payment Acceptance Unit to own a convenient QR payment with:
- A simple and secure QR registration process right on the iPlus or ePlus app.
- Favorable transaction fees.
Scanning the correct QR code ensures more secure transactions - Accurate payments - Rest assured with VRB.
Register for VRB QR transfers and QR payments today!
For more information, please contact our hotline at 18006656 or the nearest VRB branch/transaction office for assistance.
Orther news:
- LAUNCHING THE DECISION ON APPOINTING ACTING DIRECTOR OF VRB HO CHI MINH CITY BRANCH
- Notice of change of Tran Hung Dao Transaction Office’s Location
- Notice of extension of free program to change domestic debit card (ATM card) – Magnetic Card to Chip Card according to VCCS standard
- The two presidents of Vietnam and the Russian Federation affirmed the position of the Vietnam - Russia Joint Venture Bank in the cooperation relationship between the two countries.
- Notice of change in debt classification of VISA international credit card
- NOTICE OF CHANGE ON SOME VRB TRANSACTION OFFICE’S OPERATION TIME
- SALARY ADVANCE PROGRAM WITHOUT COLLATERAL – Special offer for customers having salary accounts at VRB
- NOTICE OF FEES REDUCTION FOR DOMESTIC DEBIT CARD SERVICES AND DIGITAL BANKING SERVICES FOR INDIVIDUALS
- NOTICE OF CHANGE OF VRB’S SERVICE TARIFF FROM JULY 27TH, 2021
- FREE CONVERT TO DOMESTIC DEBIT CHIP CARD WITH VCCS STANDARDS – SECURED INFORMATION, EASY PAYMENT
- VRB CHARGES NO FEE FOR MONEY TRANSFER TO ACCOUNT OF COVID-19 VACCINE FUND
- VRB OFFICIALLY LAUNCHES IB247 FAST MONEY TRANSFER SERVICE FOR BUSINESS CUSTOMERS
- VIETNAM’S NATIONAL DAY HOLIDAY NOTICE, SEPTEMBER 02
- VRB IS RATED WITH A STABLE OUTLOOK BY MOODY’S
- VRB WARNS NEW FORMS OF SCAM THROUGH MESSAGES AND FAKE WEBSITE
- Announcement of Lunar New Year 2021 Holiday Schedule
- "The Credit program for Import - Export Enterprises" received Top 20 Vietnam Gold Products 2020
- AMBASSADOR EXTRAORDINARY AND PLENIPOTENTIARY OF THE RUSSIAN FEDERATION IN VIETNAM VISITED THE HEAD OFFICE OF VIETNAM - RUSSIA JOINT VENTURE BANK
- Deploying 3D Secure security for international VRB cards
- Notice of the change of the location of the Head Office and Yet Kieu Transaction Office
- Notice of temporarily interrupting some services for periodically system upgrading
- 2020 New Year holiday announcement
- Notice of interrupting some services due to system upgrade
© 2017 Vietnam - Russia Joint Venture Bank
