Cards & Payments
China UnionPay expands business in Nepal
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.
CIMB expands SE Asian ATM Link
CIMB Thai's ATM network will be linked to CIMB in the Philippines, the sixth country of the CIMB ATM Regional Link.
SBI Cards plans to double its credit card base by March 2015
SBI Cards aims to more than double its credit cards in circulation over the next three years.
Foreign inflows positive for Sri Lanka: central bank
Sri Lanka's Central Bank reported that foreign inflows including workers' remittances continued to hold up.
Bank Mandiri, Merpati Airlines team up on credit cards
Mandiri credit card holders will be able to buy three Merpati tickets for the price of two at the airline’s sales office in a promotion that will...
India's HDFC Bank launches 10,000th ATM
HDFC Bank launched its 10,000th ATM in India near Ajmer Sharif Dargah, a sacred shrine revered by people of all faith.
Pakistan Post offers electronic money order service
Pakistan Post has launched an Electronic Money Order service at seventeen centres in ten districts of the country.
BTN to boost remittance business with new partner
PT Bank Tabungan Negara inked a deal to improve Telkom’s Delima remittance business.
Indonesia's BJB to cooperate with Malaysian remittance company
Bank BJB has signed an agreement with PT iAsia Sakatama, a Malaysian remittance company, to cooperate in remittance business.
Delinquency ratio up for Korean card firms
Delinquency ratio before provisioning of South Korean card companies rose by 0.06 percentage point in the second quarter from the previous quarter.
Indian Bank to offer online school fee payment
Indian Bank will facilitate "online fee payment facility" for Tamil Nadu Open University .
China Bank to finally have its own credit card
The Philippines’ China Banking Corporation will issue its first credit card next year.
Number of China's bank cards on the rise
Around 3.23 billion bank cards were issued in China as of the end of the second quarter.
Visa prepares for e-payments in Myanmar
Visa has stared a series of training workshops to prepare selected local banks for the introduction of electronic payments in Myanmar.
Indian ATMs to double; accept deposits
Indian banks have been asked to double the number of ATMs and upgrade it cash collecting machines.
AMMB targets up to 12% net profit
AMMB Holdings is targeting an annual net profit of between nine and 12 percent for the next three years.
Hong Leong Islamic targets $64M debit card deposit
Hong Leong Islamic expects its debit cards to increase total deposits from RM75 million to RM200 million or US$64.13 million.
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