The Hong Kong business of Singapore-headquartered DBS Bank has signed an agreement for merchant acquiring services with JCB International (JCBI).
MasterCard appointment to lead global P2P payments drive
MasterCard Worldwide has appointed Andrew Ong to be its group head of global person-to-person (P2P) payments.
Garanti Bank offers customers ‘golden opportunity’
Turkey’s Garanti Bank and Atasay Jewelry have launched a credit card that allows customers to redeem their bonus points in gold.
Global Payments boosts CUP acceptance
Global Payments Asia-Pacific, a joint venture between Global Payments Inc. and HSBC, is increasing its acceptance of China UnionPay (CUP) cards to five additional markets in Asia.
Mobile payments market set for major growth
The value of mobile payments for digital and physical goods, money transfers and near field communication (NFC) transactions is predicted to reach almost $630 billion by 2014, up from $170 billion this year, according to a new study.
Raiffeisen recognises benefits of customisation
Raiffeisen Banking Group has launched a customisation programme that allows customers to choose a picture for their payment card – the first time such a programme has been launched in Austria.
Outlook for card spending improves
US payment card data for April 2010 has revealed signs of an improving outlook for card spending and the wider economy in general.
SBI forms acquiring JV with Elavon
The State Bank of India (SBI) has formed a merchant acquiring joint venture with Elavon so that the POS acceptance of payment cards can be extended across India in both urban and rural areas.
Fiserv launches P2P service
Financial services technology provider Fiserv has launched a person-to-person (P2P) payments service that allows consumers to send money to anyone they know using only an e-mail address or mobile phone number.
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