Cards & Payments

Vietnam to impose ATM wage payments

Direct wage payments to employee bank accounts linked to automatic teller machine cards may be written into law, indicated the Department of Labour...

Vietnam to impose ATM wage payments

Direct wage payments to employee bank accounts linked to automatic teller machine cards may be written into law, indicated the Department of Labour...

Bank Mandiri adopts new Visa feature in credit cards

'Verified by Visa' feature combines e-commerce platform and security.

Vietinbank to utilize SMS debt payment system

Vietinbank is demanding debt payment via SMS messages to help reduce its bad and late-paying debts as well as building the good habit of clearing...

Maybank expects eDividend market share to increase from 30% to 70%

Maybank is confident of increasing its market share in the electronic dividend payment from 30% to 70% by 2013, with an expected transaction value of...

Bank of China issues UnionPay dual-currency debit card in Thailand

Bank of China Bangkok became the first Chinese bank issuing the UnionPay dual-currency debit card in Thailand.

Stanchart provides debit card for Malaysia's SMEs

Standard Chartered Bank Malaysia is now offering a business debit card for SMEs in Malaysia. Through the launch of the SME Business Debit Card, the...

Vietcombank now accepts insurance premiums online from Liberty customers

Liberty Insurance's customers can now pay their insurance premium online by registering for Vietcombank's internet banking service.

Citibank to utilize JCB credit cards in 9 Asian countries

Citi will add JCB credit card merchants in nine countries and territories throughout Asia.

Sri Lanka Etisalat in mobile banking

Dubai-based Etisalat's Sri Lanka unit said it had inked a deal with with OpenArc, a Colombo-based information technology company to provide a mobile...

Company starts Japan-Nepal money transfer business

Japan Money Express has formally started its operation to provide reliable service to the Nepalese people working in Japan through its 400 agents in...

HDFC Bank plans offering more credit cards to non-account holders

Rising demand for recently released Infinia card prompted the lender to come out with variants.

Vietnam's Smartlink expands connection for nine more banks

Nine commercial joint stock banks have joined the Smarlink connection in July.

ACB becomes first Vietnamese bank to offer money transfer via ATMs

Asia Commercial Bank has launched a new service that allows its cardholders to transfer money to other banks through automatic teller machines.

Malaysian Mastercard holders spend US$68 M in one weekend of shopping

Malaysian MasterCard holders spent US$76.5 million in 909,518 transactions during the first weekend of the 1Malaysia Mega Sale Carnival 2011 from...

HDFC Bank unveils credit card for ultra rich

Infinia aimed to be issued to the by-invitation only to 5000 individuals that comes without spending limits.

MasterCard campaigns for contactless payments in the Philippines

The card’s debit purchase volume in the Philippines up 47% as it posed a 46% rise in e-commerce transactions in the Southeast and South Asia markets...

Mobile payments to achieve mainstream status soon

More than 80% of the 150 major banks and corporate companies are studying how to harness m-payments.