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49. Thai Airways Signs MOU with ICBC
Thai Airways has signed a MOU with the Industrial and Commercial Bank of China. The agreement will allow Thai Airways to offer promotions to ICBC Chinese passengers using credit and debit cards in Thailand, and the airline will also join ICBC’s eCommerce platform “E Mall”.
50. MasterCard Launches New Services and Cards in Myanmar
About a year since launching the country’s first prepaid card, MasterCard has partnered with Kanbawza Bank (KBZ Bank), to launch its second prepaid card in the market with the KBZ Explore Prepaid Card. Its third prepaid card is the My AYA MasterCard Prepaid Card (MY Card) with Ayeyarwady Bank (AYA Bank). A reloadable card with EMV chip, the KBZ Explore Prepaid Card provides a secur
51. Win a Trip to the Beijing Olympics at Hong Kong International Airport
Win a Trip to the Beijing Olympics at Hong Kong International Airport. Visa has launched a new promotion under which cardholders will receive exclusive Olympics souvenirs, and have a chance to experience the Beijing Olympic Games live, simply by spending with their Visa cards at Hong Kong International Airport. From today, March 20, until May 14, cardholders will be eligible to ent
52. Travel Industry Fails to Understand True Cost of Payments
New research from eNett and PhoCusWright has unearthed an apparent gulf between perception and reality in terms of the true cost of payments in the travel industry. Many see credit card costs as a major concern, but don’t realise that credit cards can work out around 37% cheaper than alternative payment methods. At the same time, a large proportion of the industry is spending huge
53. Agricultural Bank of China signs up to Planet Payment’s 'Pay in Your Currency' Service
Agricultural Bank of China signs up to Planet Payment’s 'Pay in Your Currency' Service. The rapid growth in international travel in China and the corresponding increase in credit card usage presents an excellent opportunity for the Pay in Your Currency service. According to statistics recently released by Visa, international purchases made by Visa cards in China totaled US$1.76 bil
54. Visa and Beijing Tourism Administration launch 'Best Merchants in Beijing' Program
Visa and Beijing Tourism Administration launch 'Best Merchants in Beijing' Program. Visa International and the Beijing Tourism Administration (BTA) have launched the “Best Merchants in Beijing” program designed to encourage merchants at numerous tourist attractions in Beijing to accept international payment cards. This is aimed at helping to improve the payment infrastructure in th
55. Qantas Partners MasterCard to Launch Innovative New FFP Card
Qantas partnered MasterCard to launch the new Qantas Frequent Flyer membership card, expanding its uses to include storing foreign currency, accessing cash worldwide via ATM withdrawals, and earning points on spending in Australia and overseas. Members will start receiving the chip-enabled cards from today, with almost 500,000 Qantas Frequent Flyers pre-registering to be among the
56. RFID Hotel Acquired by Lodging Access Systems
RFID Hotel, a sales, marketing and order fulfillment company that supports the hospitality industry with a full spectrum of RFID key cards and credentials, has been acquired by Lodging Access Systems, LLC. Lodging Access Systems is owned and operated by Steve Brooks, who has over twenty years of experience in the sales, service and installation of electronic locks, in-room safes, a

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