Bank Nizwa unveils new smart corporate debit cardBank Nizwa, a leading Islamic bank in Oman, has announced the launch of a first of its kind debit card in the sultanate that caters to the specific needs of corporate and SME clients. In addition, to inco More… |
RakBank picks Samsung Pay Solutions for ATMsRakBank is the first bank in the Middle East to introduce Samsung Pay solutions for its ATMs, in partnership with Samsung Gulf Electronics, a report said. This innovative digital solution enables the bank’s customers to make More… |
Egypt bans use of debit card abroadEgypt's central bank has ordered banks to stop the use of debit cards for accounts in Egyptian pounds abroad, a central bank official said on Wednesday. "We sent a letter to bank chiefs today to stop the use of debit card More… |
India's Axis Bank launches debit card for NREsAxis Bank, India’s third largest private sector bank, has announced the launch of the display variant debit card for its NRE (non-resident expatriate) customers. The EMV chip embedded, interactive debit card comes with a dis More… |
GCC to launch new debit card serviceAn integrated point of sale (POS) service that aims at facilitating purchases using debit cards within the GCC region through all POS terminals will be launched on Thursday, said a top Central Bank of Bahrain (CBB) official. Bahra More… |
Prepaid debit cards: Achilles heel in bank securityA brazen gang of cyber criminals, who stole $45 million from bank ATMs in 27 countries, exposes an Achilles heel in the global financial industry: prepaid debit cards. Cyber security experts and industry analysts say the burgeonin More… |
Emirates NBD, RTA launch debit cardEmirates NBD, a leading bank in the region, has joined hands with the Roads and Transport Authority (RTA) to launch the 'Go4it Visa Gold' debit card that can be used for making payments on the RTA transit network and at parking meter. More… |
Emirates NBD, RTA launch debit cardEmirates NBD, a leading bank in the region, has joined hands with the Roads and Transport Authority (RTA) to launch the 'Go4it Visa Gold' debit card that can be used for making payments on the RTA transit network and at parking meter. More… |
Credit cardholders alerted on US transactionsUAE residents who have used their credit or debit cards with a US-based trader last month have been advised to alert their banks about the transaction, a report said. The move follows the reported hacking of a processor's system, the More… |
Egyptians opt to pay by cash: ReportEgyptians are opting for cash when dining out with 80 per cent choosing the traditional payment choice over a credit card, according to a new report by LivingSocial and YouGov. The social trends survey also suggests Egyptians are eating o More… |