Cards & Payments
HDFC Bank plans offering more credit cards to non-account holders
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.
Overseas remittances through Vietnam Banks soar
Overseas remittance via Vietnam banks is up.
Ficombank signs remittance deal with Remit2Vietnam
Ficombank inked a deal with Remit2Vietnam in transferring remittances from overseas to Vietnam.
Banco de Oro starts offering China UnionPay services
GFG Group enables the lender to harness China UnionPay transactions using its Cadencie platform.
Half of Vietnam's ATM cards remain unused, says VBCA
As many as 50% of issued ATMs in Vietnam are unused, according to statistics from the Vietnam Bank Card Association.
Visa and ANZ mobile payment project hits snag
Despite a successful trial, Visa and ANZ wait for technology to evolve to fully replace credit cards with mobile phone payments in Australia.
China UnionPay and MasterCard inks Payment Gateway Service pact
The MOU between the companies will enable them to work together towards exploring mutually beneficial solutions to innovative payment businesses.
China UnionPay and CCB ink mobile payment pact
The companies will develop payment systems for online and mobile phone transactions.
Citibank Vietnam joins ATM network
Citibank Vietnam is now a member of the Vietnam Bank Card ATM network.
BC Card pushed into Visa-UnionPay fray
BC Card will file a complaint against Visa with the Fair Trade Commission over its unfair transaction activities by end-June.
UnionPay teams up with Huaxia Bank in cell-phone payments
China UnionPay signed a framework agreement with Huaxia Bank to cooperate in the field of cell-phone payment.
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Commentary
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Why Singapore’s fast payments need faster protections