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LPBank is one of the first banks to deploy online payment account opening service on VNeID of the Ministry of Public Security.

Date October 3, 2024, Loc Phat Bank Vietnam (LPBank) and the Center for Research and Application of Population Data and Citizen Identification (RAR Center) – Police Signing Ceremony of Service Provision Contract & Deployment of LPBank account opening feature on VNeID application. With this cooperation, LPBank is one of the first banks permitted by the Ministry of Public Security to use information from the VNeID electronic identification and authentication system so that customers and citizens can log in and open online payment accounts quickly, safely and securely.

Major Tran Duy Hien, Director of RAR Center (Ministry of Public Security) and Mr. Vu Quoc Khanh, Permanent Deputy General Director of LPBank, signed a cooperation agreement to provide services and deploy the feature of opening LPBank accounts on VNeID application under the witness of the Board of Directors of the two units.

Accordingly, to deploy the online payment account opening service on VNeID, LPBank has closely coordinated with the RAR Center, the Department of Administrative Police for Social Order (C06) to integrate the system, and at the same time invest in technology infrastructure and service equipment.

Speaking at the event, Major General Nguyen Ngoc Cuong, Director of the Department of Administrative Police for Social Order (C06 - Ministry of Public Security) emphasized that using the payment account opening service on VNeID will bring customers optimal and safer experiences in financial and banking services.

Also at the event, LPBank representative said that the implementation of payment account opening service on VNeID is part of the action program of Project 06 and promoting the implementation of the Project on developing applications of population data, identification and electronic authentication to serve national digital transformation in the period of 2022 - 2025, with a vision to 2030.. The cooperation contents between the two sides were quickly implemented, providing modern solutions, bringing convenient experiences to people and LPBank customers in logging in and using the VNeID application to perform banking transactions.

Open LPBank payment account right on VNeID app

Starting from October 10, 2024, people and customers have the need Open LPBank account Just log in to VNeID, select a banking service and follow the instructions to open and use a payment account quickly, accurately and safely.

Instructions for opening an LPBank account on VNeID

Not only convenient, LPBank payment accounts when opened on VNeID are approved in just a few minutes, customers can immediately use services such as: receiving and transferring money internally/interbank, linking accounts to receive social security payments... At the same time, when connecting accounts on the LPBank Digital Banking platform, customers can experience more than 200 payment services, shopping for cashback on e-commerce platforms, buying airline tickets, booking hotels, paying tuition, insurance, etc.

The implementation of opening LPBank payment accounts on VNeID is a breakthrough step to ensure safety for customers and banking operations. Customers not only have access to official banking services, limiting risks from fraud, but also help the bank optimize and simplify business processes, provide high-tech products and services, and meet all practical needs. This activity also affirms the drastic efforts of Goverment, of the State Bank in the process of promoting national digital transformation, towards digital government, digital economy, digital society, and digital citizens.

Easily log in to LPBank application with VNeID account

One of the outstanding features of the LPBank Digital Banking application is the smart linking solution that allows customers to log in to the application using their VNeID account. This feature is highly appreciated for its convenience and flexibility in case customers forget their password to log in to the LPBank application.

Instead of having to bring documents directly to the bank's transaction points to update password information, customers only need to log in to the LPBank application via VNeID account with automatic verification and approval mechanism, ensuring absolute safety.

“Connecting the banking ecosystem with national database will contribute to forming a reliable digital network, realizing people's needs, and promoting digital transformation in banking activities to make a breakthrough in development,” said a representative of LPBank.

It can be said that the application of electronic identification and authentication is increasingly entering life, effectively serving the entire population with millions of public service transaction accounts every day. The fact that people are allowed to log in, open new LPBank payment accounts, and receive social security payments on VNeID is a solid premise for the Bank to best meet all experiences in digital payments for people, customers and bring benefits to society.

The cooperation with the Ministry of Public Security to deploy digital services on VNeID is one of the positive and proactive steps of LPBank in implementing the policies of the Government and the State Bank, aiming to clean up the banking database, minimize the situation of virtual accounts, prevent crimes of document fraud, opening fake accounts or defrauding customers. This also affirms LPBank's position in terms of technological capacity, ready to accompany large organizations in promoting the effective implementation of Project 06 of the Government, implementing the orientation of Green Banking, sustainable development, contributing to bringing benefits to the community and the whole society.

Loc Phat Bank Vietnam (LPBank) was established in 2008. After more than 16 years of development, LPBank has affirmed its position as a powerful financial institution, becoming one of 1 Vietnamese banks in the group of the most important credit institutions in the system, Top 14 banks with the highest brand value globally, creating solid trust with partners and customers.

LPBank has a large network of more than 1.200 transaction points, operating in 63 provinces and cities nationwide. In the new development phase, LPBank continuously brings diverse products and services along with credit programs with flexible loan policies, meeting all needs of customers and businesses. 

INFORMATION ABOUT LOC PHAT BANK VIETNAM (LPBANK)

Head office: LPB Tower, No. 210 Tran Quang Khai, Trang Tien Ward, Hoan Kiem District, Hanoi

 

K.Oanh

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