Tag: Cards

Retail Asia11/07/2021
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1min0
Crypto-linked spending on Visa cards topped $1 billion despite continued doubts about cryptocurrencies as a means of payment. Credit card giant Visa achieved the feat in just the first half of 2021, according to a statement, underlining more steps to make crypto transactions smoother. The firm said it was seeking to partner with 50 crypto […]

Retail Asia05/01/2021
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2min0
Self-exiled Hong Kong dissident Ted Hui, who was recently spotlighted over frozen accounts at HSBC, has faced even more pressure from the British lender which allegedly canceled credit cards and «unlawfully embezzled» his funds without explanation. Ted Hui Chi-fung claimed that HSBC had not only canceled credit card accounts belonging to him and his family but frozen […]

Retail Asia13/01/2020
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3min0
Tonik, the first pure-play digital bank in Southeast Asia, will debut in the Philippines in 2020. Tonik Digital Bank has received a banking license from Bangko Sentral ng Pilipinas, the Philippines’ monetary authority, the bank announced in a statement on its blog on Thursday. This would allow Tonik to provide a full range of retail banking services, focused […]

Retail Asia10/05/2019
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2min0
Our clients are highly engaged digitally. We have seen a 33 percent quarter-on-quarter growth in new mobile active clients, as our clients look to do most of their banking activities digitally, from application to activation to service requests and payments,» said Natalia Goh, Head of Credit Cards and Personal Loans, Standard Chartered Bank Singapore, in […]

Retail Asia06/12/2017
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2min0
With the establishment of the national payment gateway Gerbang Pembayaran Nasional (GPN), banks need to distribute new debit cards that work using the gateway to help their customers reduce inter-bank transaction costs. The debit cards with GPN’s red eagle logo will be available to the public in January, said BI Governor Agus Martowardojo on Monday, […]

Retail Asia28/07/2017
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3min0
Mastercard has detailed plans to expand its QR-based payment programs, starting this month. The company will broaden its solutions to offer QR codes that can be scanned by either consumers or merchants under a common set of global specifications. Mastercard worked with EMVCo and other industry players to create a new global QR standard. These standards […]

Retail Asia05/04/2017
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5min0
E-commerce businesses may have to accept card payments as a way to offering more options of payment when shopping online, an official from the Ministry of Industry and Trade said. Võ Văn Quyền, director of the ministry’s Domestic Market Department, was quoted as saying that the department was studying amendments to e-commerce business which might include regulations about […]

Retail Asia08/02/2017
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2min0
Shinhan Indo Finance Ltd (SIF), a subsidiary of South Korean credit issuer Shinhan Card, has launched its first credit card on the Indonesian market. The “ShinhanIndo Card Hi-Cash” comes in four different types to reach consumers from all segments, especially the millennials. In developing its credit card business, SIF is cooperates with Indo-Pack, merchants under […]

Retail Asia15/01/2017
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5min0
UnionPay International (UPI), a global payment network, has reaffirmed its presence in Malaysia by inking a first-of-its-kind partnership with Public Bank (PB), the third largest bank in Malaysia. The two collaborated to launch the PB UnionPay Lifestyle Debit Card in December 2016, targeted at customers and businessmen who are frequent travelers to Asia.  Poised as […]

Retail Asia12/12/2016
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2min0
Global payments and technology company MasterCard is intensifying efforts to tap opportunities in the Indonesian premium market segments by offering a variety of exclusive rewards and services for its premium card holders. Among the select opportunities are wine privileges for the holders of MasterCard Platinum cards, access to passenger lounges at 750 airports for MasterCard World […]


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