Cards & Payments
Thai credit card firms want more money
Milk them dry.
RHB Bank eyes 15% credit card market share
RHB Bank hopes to boost its share of the credit card market from 6 percent to 15 percent by 2017.
Myanmar opens door to foreign credit cards
Myanmar has granted permission to Visa, MasterCard, China UnionPay and Japan Credit Bureau to do business in the country.
CIMB hopes to double debit cards market share next year
CIMB Bank expects to raise its market share for debit cards from the current 5.7 percent to 10 percent next year.
Chan appointed PayPal VP for Asia Pacific
PayPal appointed Lawrence Chan as Vice President for its Asia Pacific New Ventures organisation.
DoCoMo, MasterCard announce e-commerce alliance
NTT DoCoMo has partnered with MasterCard Worldwide to enable its smartphone users to make contactless electronic payments in other countries.
Krung Thai Cards prioritizes Laos in regional expansion
Krung Thai Card will expand its business into neighbouring countries next year.
Low loan demand has Vietnam banks turning to credit cards
Vietnamese banks are focusing at smaller sources of income such as credit card service fees and interest rates on card payments due to sluggish...
Indonesia's Bank Permata offers supermarket credit card
Bank Permata introduced a co-branded credit card with Hero Supermarket, which provides shopping benefits to holders of the card.
Indonesia's Bank Mandiri to sell airline tickets
Bank Mandiri will sell AirAsia airline tickets through its credit cards.
Card-free ATMs now used in Japan
A regional bank in Gifu Prefecture now allows customers to withdraw cash, make deposits and check account balances through simple palm scans.
Thailand's BAY offers alternative to card readers
Bank of Ayudhya has launched a mobile credit-card-payment service for small merchants that does away from using expensive card readers.
Korean banks fight new mobile phone scam
Korean banks are intensifying its warnings to customers about a new kind of financial fraud via mobile text messages.
Thailand's KBank targets better-paying credit card users
Kasikornbank is pushing for more credit cards transactions for revolving credit, aiming to raise their proportion 55 to 60 percent in two years.
Chinese stores urge for less bank card-swipe fees
The China Chain Store and Franchise Association urged the government to cut bank card-swipe fees charged to merchants.
China UnionPay expands business in Nepal
China UnionPay cards will now be accepted in by all automatic teller machines and point-of-sales machines owned by Nepal's Himalayan Bank.
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HSBC Hong Kong shines at ABF Retail Banking Awards
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The bank has been a digital and transformation pioneer in the industry.
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