Metro Cash&Carry Vietnam has deployed a credit card payment system in an effort to make buying easier at its nationwide wholesale distribution system. Tet (Lunar New Year) gifts being displayed at Metro Cash&Carry's An Phu center in Ho Chi Minh City's District 2 … [Read more...] about Metro Cash&Carry launches credit card payment system in Vietnam
City bank credit card payment
Nguyen Hoang Minh, deputy director of the State Bank of Viet Nam Branch in HCM City, speaking at a seminar on online payments, says the biggest advantage of non-cash payments are time savings, no transportation fees, and safer transactions. — VNA/VNS Photo Competition in the country’s credit card market has become stiff as more and more foreign and domestic banks as well as finance companies are competing to gain market shares. Credit cards are expected to grow as more than 70 per cent of the population are young and the country has the fastest growth in both income and spending in the region. Internet retail is also growing. Young consumers are quicker to adapt to new payment methods and are making the switch from cash to card transactions. Nguyen Hoang Minh, deputy director of the State Bank of Viet Nam's branch in HCM City, said at a seminar on online payments that the biggest advantages were the economic benefits, including time savings, no transportation fees, and … [Read more...] about Banks compete for customers in credit card market
An embedded radio chip in credit cards could change the way we use our plastic friends when making purchases in retail establishments. The magnetic strips we've become accustomed to on the backs of our credit cards are sharing the small surface area with something called "radio frequency identification", otherwise known as RFID, and may someday make "swiping" credit cards a thing of the past. The RFID system would let credit card users hold their card within an inch or two of the card reader to make a purchase- similar to the EZPass for the NY State Thruway, or the gas pumps that accept special key chains at the sensor to process your payment. You would no longer hand your card to the cashier, there would be no swiping to read the magnetic strip on the back of your card, and therefore, it would be considered contact-less payments.Consider the television remote control. It magically changes the channels and adjusts the volume from across the room- all without contact with the … [Read more...] about Contact-less Payment with Credit Cards?
Credit Cards are very helpful for students in these days. Mostly students using a credit card for establishing credit, medical or family-related emergencies, making travel arrangements and reservations, payment conveniences such as shopping by telephone and the Internet, and cash less transactions. Based on their necessities and flexibility the worldwide banks have introduced a lot of new Credit Card offers for students.There are many offers out there for students. Nearly every one of the major card companies offers at least one designed specifically for students. Let's see some of them.New Discover Student Monogram Credit Card The Applicant can choose his personalized card design, 0% Intro APR* on Purchases for 6 Months, No Annual Fee, $0 Fraud Liability Guarantee, Easiest Online Account Management Options, 5% Cashback Bonus® on Get More purchases in popular, categories that change four times a year like home, apparel and more*. Also this card provides upto Up to 1% Cashback Bonus … [Read more...] about Special Credit Cards for Students
It surprises me to see two or three more articles every month about debit and credit card comparisons. One wonders what drives financial advisors to compare two completely different products that have a single thing in common: the material or substance of which they are made. Other than that, I did not see a good reason for comparing a debit card to a credit card. And though I still resist to compare them as if they where similar financial products, a colleague pointed out to me the benefits of measuring up how each product fulfils its purpose.What These Products ShareBoth debit and credit cards are payment instruments. They are used for replacing cash on commercial and financial transactions. They are used for purchasing goods and paying for services and with the exemption of certain places distant from towns or cities, both products are accepted everywhere. Therefore there are no significant differences when it comes to the purpose of them. However, it is important to note that … [Read more...] about Debit Cards and Credit Cards Comparisons Pointless?