Cards & Payments

EZ-Link, Touch ‘n Go launch dual-currency cross-border contactless card
18 Aug 20
It hosts two e-wallets in Singapore dollars and Malaysian ringgit.
Korean credit card spending up to KRW 540 T in 2011
25 Jan 12
Increase in card loans pushed South Korea's credit card spending to KRW540 trillion or US$478.5 billion in 2011.
Maybank targets double digit remittance growth
25 Jan 12
Maybank is targeting a double digit growth in the remittance business for financial year 2012.
Vietnam ATMs overwhelmed by numerous users
20 Jan 12
Vietnam's banks have to intensify measures in coping with a sudden surge in withdrawals at their ATMs.
Bank Mandiri and BCA start ATM interconnection
18 Jan 12
Mandiri’s alliance with Prima made the interconnection possible.
Bank of China, Mizuho eye RBS assets
9 Jan 12
Bank of China and Japan's Mizuho Financial are among the banks eyeing parts of the Royal Bank of Scotland.
Kisan credit cards to double up as debit cards
9 Jan 12
The nearly 10 crore farmers who hold kisan credit cards will soon be able to use their card as a deposit account and a debit card.
China cross-bank card transactions hit record high in New Year
7 Jan 12
China's cross-bank card transaction surged 35 percent year-on-year to a record high during the three-day New Year holiday.
ICICI Bank launches the first dual Platinum Credit Card
4 Jan 12
ICICI Bank launched the ICICI Bank Rubyx – India’s first Platinum Credit Card with dual card benefits.
Vietnam encourages credit card payments
2 Jan 12
Vietnam will develop credit card payment services with the aim of reducing the quantity of cash in circulation to 11 percent by 2015.
ICBC rolls out fast service for small payments
30 Dec 11
ICBC rolled out an online fast service for small payment that enables customers to make small payments for online shopping or other e-commerce...
Garuda, Bank BPD Yogyakarta cooperate on ticket sales
19 Dec 11
Garuda Indonesia and Bank BPD Yogyakarta have signed an MoU for ticket purchases.
Four Aussie banks to get sued for exorbitant fees
18 Dec 11
Four Australian banks will face a class suit for charging exorbitant fees.
Public Bank, Visa target affluent customers
12 Dec 11
Public Bank and Visa is now offering a premium card to help affluent customers enjoy the finer things in life.
Maybank targets to lead region's electronic banking transactions
7 Dec 11
Newly launched Maybank eCustody to provide the "final link" in the group's overall electronic banking offering to clients....
Court rules against ANZ on late credit card fee charges
5 Dec 11
Australia's Federal Court has found late fees charged on the cards could be characterised as a penalty and may be legally unenforceable....
Bangkok Bank increases ATM readiness at public transport stations
1 Dec 11
Bangkok Bank increased maintenance of its ATMs at public transport stations, including the BTS and MRT.
Find the nearest ATM with your iPhone
1 Dec 11
GRGBanking just launched its first iPhone app “ATM Finder”.
ABC's credit card intermediary services income up 128%
27 Nov 11
ABC realized a credit card income of RMB6.55 billion in the first three quarters this year.
Vietpay to join hands with Vietcombank
26 Nov 11
Vietcombank and Vietpay have entered a partnership to launch the new "VCB-eTopup" electronic top-up service.
China issues 2.81 billion bank cards by end of September
25 Nov 11
China issued 2.81 billion bank cards as of the end of the third quarter, up 4.9 percent from the end of June.
Indonesia’s central bank mulls establishing e-money watchdog
21 Nov 11
Bank Indonesia raises concern on regulating e-money transactions for consumer safety.
Garuda, Bank Muamalat ink deal on ticket sales
21 Nov 11
Garuda Indonesia will provide special corporate fares for Bank Muamalat’s employees and Bank Muamalat will open package tours with special...
OCBC launches designer credit cards
16 Nov 11
There are over 130 designs available for ‘FRANK by OCBC’ credit cards.
ACB's VIP cardholders get benefits from StanChart
12 Nov 11
More benefits have been added to  Asia Commercial Bank’s VIP customers and Visa Platinum cardholders.
CIMB eyes issuing 1mn new Debit Mastercards
9 Nov 11
ABM expects debit card usage to grow by up to 70% this year.
Vietinbank Issues VIP cards to loyal customers
9 Nov 11
Vietinbank issued Platinum VIP Cards with many benefits and exclusive privileges to its loyal customers to extend the bank’s deep thanks...
Overseas remittance to Vietnam to reach US$8.5 B
7 Nov 11
The volume of overseas remittance to Vietnam is expected to reach $8.5 billion this year, according to the State Bank of Vietnam.
Indonesia to impose tighter rules for credit cards
7 Nov 11
Bank Indonesia will revise credit card rules to require a minimum age and salary, capping the number of cards owned, limiting maximum interest...
The advent of self service banking in the 21st century
3 Nov 11
Heroes of the first decade!
HDFC Bank starts issuing ForexPlus Platinum Card
1 Nov 11
The card has been tagged as the premium forex card for the global Indian.
ICICI Bank recall cards following cloning scare
25 Oct 11
The lender joined its rivals in the move after the city received complaints from 64 card users.
MasterCard Australia's PayPass transactions reaches 1mn transactions
24 Oct 11
The card company expects all Australian MasterCard credit and debit cards will be PayPass-enabled by April 2014.
Bank Indonesia requires banks to issue more advanced cards
24 Oct 11
The regulation aims to protect customers from a repeat of a massive fraud in 2010.
Maybank boosts India-Malaysia remittance service, expects 15% growth
24 Oct 11
Maybank has tied-up with India's Axis Bank to introduce remittance services to beneficiary accounts in India.
Malaysian Mastercard holders spend US$2.03 B in "sale carnival"
24 Oct 11
Malaysian MasterCard cardholders spent US$2.03 billion with 22.7 million transactions during the 1Malaysia Mega Sale Carnival from June 15-Sept...
More Malaysian banks focus on transaction banking
20 Oct 11
More Malaysian banks are now enjoying thre benefits a sustainable fee-based income and a source of low-cost deposits from transaction banking....
Bank Mandiri and Rintis Sejahtera join ATM PRIMA Network
18 Oct 11
The agreement to increase transactions through Bank Mandiri’s electronic network while improving transaction efficiency.
HDFC Bank and Diners Club form alliance
17 Oct 11
The Indian bank to offering its 3rd credit card to 20,000 additional new customers per month.
Maybank Singapore to launch all-in-one Mastercard
12 Oct 11
Maybank’s Platinum Debit MasterCard will allow cardholders to pay for public transport and purchase items at over 15,000 retail points....

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