Credit Cards News
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Taiwan asks banks to cut credit card rates -paper
14 Jan 2009
source:
iii.co.uk
TAIPEI, Jan 14 (Reuters) - Taiwan's top financial regulator has asked banks to lower their revolving rates on credit card loans after aggressive interest rate cuts by the central bank, the United Evening News reported on Wednesday. The Financial Supervisory Commission talked to several major card issuers about cutting the rates, which range between 14 percent and 20 percent annually, the p ... |
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Barclaycard to issue contactless debit cards
8 Jan 2009
source:
financemarkets.co.uk
Barclaycard has reported that most debit cards it issues from March will contain contactless technology as standard. Contactless cards enable users to pay for shopping under £10 by simply holding the card up to a terminal without taking it out of their wallet. The payment is debited from their account as it would be for any debit card purchase. The cards will also feature chip and pin, so that they can be used to withdraw cash and pay for transactions over £10. Over 8,000 UK retailers alread ... |
