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:
- Notice of changes in some contents related to VRB card service
- Notice of the extension of service provision due to system upgrade
- Notice of interrupting some services due to system upgrades
- VRB issues deposit certificates with extremely attractive interest rates
- Vietnam - Russia Joint Venture Bank (VRB) and Ba Ria - Vung Tau House Development Joint Stock Company (HODECO) sign the contract of cooperation and financial support for Ecotown Phu My project
- Notice of adjustment on banking service tariff
- VRB would like to announce the bonus points of deposit products "Journey to Russia"
- VRB Holiday Notice (National Day 2nd September, 2018)
- VRB sponsored the launch event of Russian literature books
- Notification on the addition of operating license of Vietnam - Russia Joint Venture Bank
- VRB’s 11th anniversary
- Notification of changes on the basis of deposit interest rate calculation
- Deposit product “Journey to Russia” won the certificate of "Top 20 golden products of Vietnam"
© 2017 Vietnam - Russia Joint Venture Bank



