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  1. Five more banks to provide yuan card services

    Posted Apr 07th 2004, 12:00am by Christine Chan

    ... Christine Chan and Kelvin Wong Five more local banks will begin settling yuan credit-card transactions in Hong Kong this month, and two of them plan to issue yuan credit cards to Hong Kong ... their UnionPay-authorised credit cards at Hong Kong outlets using the banks to settle credit-card transactions. Previously, only merchants using BOCHK could accept mainland credit cards. HSBC said residents ...

    http://www.scmp.com/article/451264/five-more-banks-provide-yuan-card-services
  2. Amex in mainland card deal with ICBC

    Posted Mar 31st 2004, 12:00am by Staff Reporter

    ... Andrew K. Collier in Beijing American Express (Amex) is closing in on its goal of cracking China's huge, but largely untapped, credit-card market, announcing yesterday a partnership ... is whether customers who use their credit cards overseas will be able to settle their accounts in yuan or in US dollars, according to a spokeswoman. While the agreement marks a milestone for Amex, ...

    http://www.scmp.com/article/450431/amex-mainland-card-deal-icbc
  3. Insurer covers loss of wallet

    Posted Mar 21st 2005, 12:00am by Enoch Yiu

    ... Enoch Yiu Asia's increasingly prosperous consumers have wised up to insuring their credit cards against loss and unauthorised spending. So, why not insure the wallet itself? CPP ... up its regional headquarters in Hong Kong to cover not only the loss of credit cards but also the theft of mobile phones and confidential personal information. 'For 20 years, we have ...

    http://www.scmp.com/article/493693/insurer-covers-loss-wallet
  4. From card sharps to weakest Link and Tung lashing

    Posted Dec 31st 2004, 12:00am by Staff Reporter

    ... JANUARY New Year hangovers were only just lifting when HSBC became the first bank to provide credit card services for cash-rich mainlanders travelling overseas. Retailers in Hong Kong welcomed the prospect of loosened purse strings as travellers freed themselves from the shackles of 6,000 yuan cash limits on their shopping trips. Chinese companies continued to be the darlings ...

    http://www.scmp.com/article/483729/card-sharps-weakest-link-and-tung-lashing
  5. Banks turn aggressive on loan offers

    Posted Dec 01st 2003, 12:00am by Staff Reporter

    ... prompted local banks to take a more aggressive credit-card lending policy. In the past few months, many retail banks have been flooding their so-called selected customers- those believed to have maintained good credit and repayment records- with mail and phone calls about 'pre-approved' loan offers based on their credit cards. Although Hong Kong recently established a new credit ...

    http://www.scmp.com/article/436461/banks-turn-aggressive-loan-offers
  6. Alibaba, Bank of China in e-commerce alliance

    Posted Jul 24th 2009, 12:00am by Staff Reporter

    ... the 'Alipay card', which will be issued by Alipay and serve like a debit card for users to buy merchandise online. The partners will also explore issuing joint-brand credit cards. Alipay ... an online payment card, trust rating system and small-business financing. Jack Ma Yun, the chairman and chief executive of Alibaba, expected the partnership to directly benefit the small-business ...

    http://www.scmp.com/article/687778/alibaba-bank-china-e-commerce-alliance
  7. Smart way to entice Shanghai consumers

    Posted Jan 24th 2005, 12:00am by Sherman So

    ... and that includes the counter-top machines that read smart cards. Then, consumers must be persuaded to carry yet another piece of plastic in wallets already thick with ATM and credit cards. A better ploy ... Bank,' he said. 'Customers using its debit cards and credit cards can register with us and earn SmartClub loyalty points as they spend.' ...

    http://www.scmp.com/article/486683/smart-way-entice-shanghai-consumers
  8. First Data gives China a taste for outsourcing

    Posted Aug 25th 2003, 12:00am by Staff Reporter

    ... or more were debit cards, most of which did not allow overdrafts, Mr Tsuei said. China Everbright Bank, for one, has issued more than 10 million debit cards, but its first credit card is due later ... When First Data, the leading global provider of electronic commerce and payment services, last week clinched its first bank card outsourcing agreement in China, there were two causes ...

    http://www.scmp.com/article/425766/first-data-gives-china-taste-outsourcing
  9. First Data gives China a taste for outsourcing

    Posted Aug 25th 2003, 12:00am by Staff Reporter

    ... or more were debit cards, most of which did not allow overdrafts, Mr Tsuei said. China Everbright Bank, for one, has issued more than 10 million debit cards, but its first credit card is due later ... When First Data, the leading global provider of electronic commerce and payment services, last week clinched its first bank card outsourcing agreement in China, there were two causes ...

    http://www.scmp.com/article/425775/first-data-gives-china-taste-outsourcing
  10. Offline payment firm finds niche

    Posted May 12th 2010, 12:00am by Staff Reporter

    ... into a combination of a bank, a post office and a store, helping individuals pay credit card and public utility bills, making payments via mobile phones and paying for goods purchased online. The firm said ... card.' The payment demand is huge. The mainland had issued 2.07 billion bank cards, both debit and credit, as of the end of last year, up 14.8 per cent from a year ago, according ...

    http://www.scmp.com/article/714080/offline-payment-firm-finds-niche

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