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ASIA PAYMENT SYSTEMS, INC. SIGNS AGREEMENT WITH ET-CHINA LIMITED FOR COOPERATION AND INVESTMENT
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Asia Payment Systems, Inc. today announced that it had signed an agreement with Guangdong-based Et-china Limited to cooperate and invest in an online system to process airline ticket sales from Et-china in Shenzhen, China.
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Posted: Tuesday, July 26, 2005
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VISA, AMEX CUT TIES WITH CARDSYSTEMS DUE TO BREACH
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Visa U.S.A. Inc. and American Express Co. are terminating their contracts with a credit card transaction-processing company that was hit by hacker attacks that exposed 40 million card numbers to online intruders.
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Posted: Monday, July 25, 2005
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MULTI-YEAR CARD PROCESSING CONTRACT WITH DBS BANK PROPELS FIRST DATA INTO SOUTH ASIA MARKET
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First Data Corp., a global leader in electronic commerce and payment services, has gained a significant foothold in the South Asia market following the signing of a multi-year agreement to manage credit card and merchant processing services, using First Data's VisionPLUS platform, for DBS Bank's portfolio of more than 13,000 merchants and 2 million credit card accounts in the region.
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Posted: Monday, July 25, 2005
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CHAINS TAKE ON CREDIT CARD FEES
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In an antitrust lawsuit, supermarket and drug store retailers have accused VISA USA of price fixing what it charges them to process transactions.
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Posted: Saturday, July 16, 2005
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