The Business Times

Credit/Debit cards

Companies & Markets

From mala to mall: 5 ways Singaporeans are swiping more in Johor

Visa Direct, the payment network’s real-time platform, will use Circle Internet Group’s USC dollar and EURC euro-backed stablecoins for the pilot.
Banking & Finance

Visa tests pre-funded stablecoins for cross-border payments

The rate is set at 500 UNI$ for S$5 in bill offsets, or the equivalent in Malaysian ringgit.
ASEAN Business

UOB taps rising Johor spend with cross-border rewards redemption scheme for Singapore cardholders

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ASEAN Business

Vietnam probes suspected cyberattack on its national credit information database

The pickup in borrowing coincides with stronger household spending in July, partly reflecting increased sales at online retailers and furniture stores.
Banking & Finance

US consumer borrowing rises most in three months on credit cards

The Commerce Commission estimates New Zealand businesses pay NZ$600 million a year to accept Mastercard and Visa payments.
International

New Zealand to ban surcharges on in-store electronic payments

The ‘Strata Elite’ card will feature an annual fee of US$595, a price that the bank says can unlock almost US$1,500 in value if used to its maximum potential.
Banking & Finance

Citi charges US$595 for ‘Strata Elite’ credit card to rival Amex, Chase

ccess to Amex’s global lounges is one of the benefits linked to the Platinum card.
Banking & Finance

American Express plans ‘largest investment ever’ in platinum credit card

A 64-year-old retiree said his existing card was cancelled when he tried to increase its credit limit for an overseas holiday.
Singapore

DBS, OCBC and UOB to recognise CPF Life payouts as income in credit card applications

Loyalty programmes of Delta, United and American Airlines were each valued at more than US$20 billion in 2023, according to consulting firm On Point Loyalty.
Transport & Logistics

US airlines oppose credit card fee crackdown they say could imperil free flight offers

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