S. Korea’s overseas card spending up in Q2 ’24
South Korean residents' overseas spending using credit and debit cards remained consistent in the second quarter of…
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Economic slowdown hits S. Korea’s card spending
The growth of spending via plastic cards has decelerated In South Korea, with the Bank of Korea reporting a 6.2 per…
Egypt’s CIB bank raises credit card limits
Banks operating in the Egyptian market have begun raising credit card limits in implementation of the directives…
Egypt’s Banque Misr raises intl. credit card limits
Egypt’s Banque Misr increased the international spending limits on the “Golden” and “Islamic Golden” cards to EGP…
Egypt’s NBE raises intl. credit card limits
The National Bank of Egypt (NBE) has increased the limits of cash withdrawals and purchases on credit card…
Egypt’s AAIB raises limits of intl. credit card transactions
Egypt’s Arab African International Bank (AAIB) announced the increase in limits of all credit card transactions…
URGENT: Egypt’s central bank cancels restrictions on FX credit cards
Egypt's central bank told commercial banks on Wednesday to cancel restrictions imposed late last year on the use of…
Egypt’s Central Bank restricts foreign currency credit card use
Egypt's Central Bank(CBE) has announced new regulations on foreign currency credit card use, according to a…
Apple is launching credit card in August; says Tim Cook
Apple’s chief executive Tim Cook said during the company’s third-quarter earnings call on Tuesday that the Apple…
Amazon launches cash payments in Mexico to lure shoppers online
Amazon.com Inc (AMZN.O) launched a cash payment service in Mexico on Tuesday, aiming to expand its customer base…
Egypt’s Banque Misr cancels limits on use of credit cards abroad
Egypt’s second largest state-owned bank, Banque Misr has cancelled all the limits on Egyptians’ use of credit cards…
Crédit Agricole Egypt suspends credit, debit card use abroad
Crédit Agricole Egypt said Tuesday it was suspending use of debit and credit cards abroad as well as all…
Citigroup plans tie-up with Singapore ride-hailing app Grab
Citigroup is working on a partnership with Grab, the Singapore-based ride-hailing app that has become one of…
Emirates NBD Egypt reverses move to suspend credit, debit card use abroad
Emirates NBD Egypt has cancelled a decision taken earlier to suspend use of debit and credit cards abroad, its…
JPMorgan uses its might to cut costs in credit card market
JPMorgan Chase & Co. is cutting prices for a group of its credit card customers and getting Visa Inc to…
U.S. Banks Ramp Up Credit Card Lending But Margins May Suffer
As traditional Wall Street moneymakers like stock and bond trading suffer, banks are growing increasingly willing…
Citibank Becomes First Bank In CEMEA Region To Launch Visa Signature Premium Credit Card
True to its vision for innovation and client excellence, Citibank, a member of Citi, will be the first bank in…
Zain Launches iCard Exclusive Payment Services via Mobile
Zain, the leading telecommunications company in Kuwait, launched iCard, a new exclusive mobile payment service that…
Mobile Phones Challenge Credit Cards in Canada
Thousands of Canadian retailers already have equipment in place to let customers pay for purchases with a swipe of…
Emirates Holidays Partners with Visa for a Year of Exclusive Travel Offers
Visa cardholders can now travel to a host of breathtaking destinations for less through an exclusive new…