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Tag: creditcard

Retail Asia04/02/2020
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Finance

Mastercard Partners with Dah Sing Bank and BBPOS MSL to Launch Hong Kong’s First Mobile App Card Payment Acceptance Solution for Local SMEs

6min0
Mastercard today announced its partnership with local companies Dah Sing Bank and BBPOS MSL to launch Tap on Phone, a first-of-its-kind solution that will allow small- and medium enterprises (SMEs) in Hong Kong to accept contactless card payments via mobile phone. At the same time, Mastercard is also introducing its sonic branding in Hong Kong […]
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Retail Asia23/09/2019
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Finance

Credit Card spending jumps in August

2min0
Retail card spending improved after a relatively flat five-month period, rising 1.1 percent over the month of August, to a total spend of $7.3 billion. Data from Stats NZ shows spending rose across five of the six retail industries when compared to the prior month. Hardware, furniture, and appliance retailing rose 1.7 percent over the […]
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Retail Asia09/09/2019
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Finance

OCBC Launches Mass-Market Travel Credit Card

2min0
The bank is hoping to capitalize on the rising trend of frequent traveling among the younger generation and the high share of rebates and reward card users who are also keen travelers. OCBC Bank has launched its first mass-market miles card, the OCBC 90°N Card, with which it hopes to achieve $1 billion in annual billings within three […]
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Retail Asia10/07/2019
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Finance

Credit card companies want to get rid of Paper Receipts

1min0
Credit card companies in South Korea are consulting with financial authorities to make issuing paper receipts optional. For South Korean credit card companies, issuing paper receipts is a cost they want to phase out following last year’s reduction in transaction fees. Card companies argue that issuing paper receipts is not necessary since card users can […]
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Retail Asia04/06/2019
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Finance

Credit Card spending up in April

2min0
Retail spending on electronic cards rose in April as Kiwis took advantage of the extended holiday period to eat out and take holidays away from home. Card spending in April rose 0.6 percent seasonally adjusted after a 0.2 percent decrease in March, according to data from Statistics NZ. The increase in credit and debit card […]
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Retail Asia03/05/2019
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Finance

More Food, Snacks and Drinks for Less with Mastercard

1min0
 Shopping for your daily needs such as fresh food, snacks and beverages can be turned into fun and rewarding experiences! Pay with your mobile phones or devices and make every trip to the supermarket enjoyable with these exclusive offers and discounts with Mastercard! Every Saturday and Sunday from April 20 to June 30, 2019, Mastercard […]
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Retail Asia07/03/2019
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Finance

Card-not-present fraud will cost retailers US$130 billion

2min0
Increasingly complex card-not-present fraud will cost retailers US$130 billion globally in digital sales over the next five years. A Juniper Research study predicts that retailers’ slow pace in keeping up with new fraud prevention requirements will allow cybercriminal practices to become more widespread as more and more consumers shop online. It observes that established point-of-sale […]
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Retail Asia20/04/2018
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Finance

Mastercard expands Indian research facility

2min0
Mastercard has opened its upgraded technology center in Vadodara, India as part of the company’s support of the government’s initiative to enhance India’s digital capabilities. Spread across 65,000 square feet, the state-of-the art facility will serve as a collaboration center for more than 700 employees. Mastercard’s Vadodara Centre is part of the company’s vision to […]
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Retail Asia01/06/2016
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Finance

CIMB’s Corporate Card Solutions to see big growth

4min0
CIMB Bank Bhd’s newly-launched Corporate Card Solutions is expected to gain significant growth momentum, given that it is a gamechanger in the market. In collaboration with MasterCard, the CIMB Corporate Card Solutions offers convenience, control and transparency for business operational expenditure, through its corporate card, purchasing card and virtual card solutions. “We are very excited […]
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Retail Asia27/03/2016
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Finance

MasterCard launches Contactless Card in Myanmar

4min
The latest of MasterCard’s efforts to better serve the people of Myanmar, the CB EasiTravel Prepaid MasterCard Contactless card provides consumers with a more convenient way to pay when travelling abroad without compromising security. U Kyaw Lynn, CEO and Vice Chairman, CB Bank said, “More Myanmar citizens are making trips to neighbouring countries than ever […]
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Retail Asia12/12/2015
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E-Tailing

Indonesian eCommerce boom

3min
Indonesians are embracing online shopping at an astonishing rate. The Indonesian eCommerce Association expects the total online market to treble between 2014 and 2016, worth Rp 283 trillion (US$24 billion) in 2016. According to Bank Central Asia, Indonesia’s largest private lender, an Indonesian eCommerce boom will see spending rise an estimated 127 per cent this […]
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