meta_id 3172685

On May 19, 2026, the State Bank of Vietnam (SBV) issued Circular No. 21/2026/TT-NHNN, which amends and supplements Article 15 of Circular No. 15/2024/TT-NHNN regarding the provision of cashless payment services. The circular modifies existing regulations governing non-cash payment service delivery within Vietnam's financial system. This amendment represents part of the SBV's broader regulatory framework for payment systems and reflects the central bank's ongoing efforts to refine operational standards for payment service providers. The specific amendments to Article 15 of the 2024 circular address aspects of cashless payment service provision, though detailed provisions of the amendments are not specified in the available source material. This regulatory update is applicable to all entities engaged in providing cashless payment services in Vietnam, including credit institutions, payment service providers, and other authorised payment intermediaries. The amendment is significant as it demonstrates the SBV's commitment to updating payment infrastructure regulations in response to evolving market conditions and operational requirements. The circular became effective on May 19, 2026. Financial institutions and payment service providers operating in Vietnam should review the amended provisions to ensure compliance with the updated regulatory requirements. The SBV has published this circular as part of its regular regulatory updates to the payment services sector.