Tài liệu ePayments - slide docx

ePayments
February 28, 2001




E-payments
E-payments
Conditions
Conditions
- Modern banking systems
- Modern banking systems
- Businesses are connected to internet, to banks
- Businesses are connected to internet, to banks
- Legal framework (laws, decree, e-UCP...)
- Legal framework (laws, decree, e-UCP...)
- Security infrastructure for online payments
- Security infrastructure for online payments
- Purchase habits, business culture
- Purchase habits, business culture




E-payment
E-payment
Current status of banking system
Current status of banking system
- 1998, World Bank project Modernizing the banking ans “
- 1998, World Bank project Modernizing the banking ans “

payment system in Vietnam”
payment system in Vietnam”
- Six major commercial banks completed in 2003
- Six major commercial banks completed in 2003
+ Vietcombank, Techcombank, AgriBank, IDB, Exim Bank, Marine Bank
+ Vietcombank, Techcombank, AgriBank, IDB, Exim Bank, Marine Bank
- Implemented SWIFT (Society of Worldwide Interbank
- Implemented SWIFT (Society of Worldwide Interbank
Financial Transactions www.swift.com)
Financial Transactions www.swift.com)
- ATM systems
- ATM systems
- Internet Banking
- Internet Banking




E-payment
E-payment
Some barriers to e-payment
Some barriers to e-payment
- Legal values of electronic-documents in finanace, banking
- Legal values of electronic-documents in finanace, banking
- Sucurity infrastruture, especially comsumer s “ ’
- Sucurity infrastruture, especially comsumer s “ ’
protection”
protection”
- Promote e-payment services to each businesses
- Promote e-payment services to each businesses

- 2006: trial process
- 2006: trial process
Details: Report VN s Ecommerce status’
Details: Report VN s Ecommerce status’
www.mot.gov.vn
www.mot.gov.vn
;
;
www.ftu.edu.vn
www.ftu.edu.vn






E-payments
E-payments
Tools: Payment card
Tools: Payment card
- Credit card: since 1996, 10 major banks, 2004: 125.000
- Credit card: since 1996, 10 major banks, 2004: 125.000
cards, increase rate 49%/year
cards, increase rate 49%/year
- Debit card: since 2002, 15 major banks, 760.000 cards,
- Debit card: since 2002, 15 major banks, 760.000 cards,
debit, small payments, money transfer... 10.000 card
debit, small payments, money transfer... 10.000 card
acceptance points, 800 ATMs
acceptance points, 800 ATMs

- Purchase card: Viet Travel, Saigon Tourist, Citymart,
- Purchase card: Viet Travel, Saigon Tourist, Citymart,
www.golmart.com.vn
www.golmart.com.vn
...
...




E-Payments
E-Payments
Internet Banking
Internet Banking
- Bank for Foreign Trade of Vietnam
- Bank for Foreign Trade of Vietnam
www.vcb.com.vn
www.vcb.com.vn


- Vietnam Industrial & Commercial Bank
- Vietnam Industrial & Commercial Bank
www.icb.com.vn
www.icb.com.vn


- Vietnam Technical & Commercial Bank
- Vietnam Technical & Commercial Bank
www.techcombank.com.vn
www.techcombank.com.vn

- Asia Comercial Bank
- Asia Comercial Bank
www.acb.com.vn
www.acb.com.vn


Customers: medium, large enterprices...
Customers: medium, large enterprices...

E-payment
E-payment
Issues
Issues
- Order of account holders & digital signatures
- Order of account holders & digital signatures
- Desides credit card, the other cards do not use for online
- Desides credit card, the other cards do not use for online
payment
payment
- E-commerce process is not completed without payment
- E-commerce process is not completed without payment




Current solutions:
Current solutions:
- Business
- Business


Banks s clients’
Banks s clients’
- Process of payment:
- Process of payment:

Process of payment (example 1)
Process of payment (example 1)
www.vdcsieuthi.com.vn
www.vdcsieuthi.com.vn
- Customers complete purchase orders, confirm payment
- Customers complete purchase orders, confirm payment
order (payment modules on the website)
order (payment modules on the website)
- VDC forward card s info to ACB to verify’
- VDC forward card s info to ACB to verify’
- ACB confirmed, debit customer s account’
- ACB confirmed, debit customer s account’
- VDC confirmed acceptance, proceed delivery
- VDC confirmed acceptance, proceed delivery
- Delivery receipt, customer s acceptance, VDC forward the ’
- Delivery receipt, customer s acceptance, VDC forward the ’
receipt to ACB
receipt to ACB
- ACB credit VDC s account’
- ACB credit VDC s account’
Note
Note
+ VDC, customers have account at ACB
+ VDC, customers have account at ACB
+ ACB charge fee on each transactions
+ ACB charge fee on each transactions

E-payment (example 2)
E-payment (example 2)
Online Bill payment
Online Bill payment
- For electricity, water, telephone, internet
- For electricity, water, telephone, internet
- Payment through internet
- Payment through internet
- Tools: credit card, debit card, purchasing card
- Tools: credit card, debit card, purchasing card
www.ebill.com.vn
www.ebill.com.vn









Sample:Online payment systesm of VASC
/>Sample: Digital certificate management system of VASC
/>Sample: Mobile commerce system of VASC





E-PAYMENT

E-PAYMENT
Major issues (1)
Major issues (1)
- Seller s SW/payment module to accept payments from ’
- Seller s SW/payment module to accept payments from ’
custmers
custmers
. Bank or Ecommerce solution provider
. Bank or Ecommerce solution provider