Wednesday 22 May 2013
 
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Visa launches premium card in Mideast

Visa, the leading global payments technology company, has launched its exclusive Visa Signature premium card in the Middle East region. The newly-introduced premium card focuses on providing an affluent segment of customers with a

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Visa launches online payments tool for banks

Visa has launched an online software tool that offers an array of features to allow banks to get to the information they need quickly in order to better manage their electronic payments business. VisaVue Online (VVO) was launched

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Dana Gas upbeat on payments

Egypt is paying Dana Gas for all fuel it is receiving from its operations in the north African country and the UAE-based company is optimistic outstanding payments will be settled, a Dana Gas board member said yesterday. Economic

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French payments firm opens Bahrain branch

Paris-based Galitt, the payment systems and secure electronic transactions consultancy, has opened a new branch in Bahrain in a move to expand its Middle East operations. “The Gulf region is prone to innovation and many projects d

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ITS deploys security system in Sama bank

ITS (International Turnkey Systems) Group, a leading software firm, has developed a security system for Saudi Arabian Monetary Agency (Sama) to manage electronic payments, digital signatures and smart cards. The security system has been im

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ITS develops payments system for Saudi cbank

ITS (International Turnkey Systems) Group, a leading software firm, has developed a security system for Saudi Arabian Monetary Agency (Sama) to manage electronic payments, digital signatures and smart cards. The security system has been im

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Western Union locations hit half million

Western Union, a leader in global payment services, announced it has opened the 500,000th agent location through which it provides its expanding portfolio of financial services. Western Union, whose network spans more than 200 countries an

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Swift to cut off Iranian banks

Belgium-based Swift, which operates the bulk of global cross-border payments, will cut off sanctioned Iranian banks on Saturday under tighter EU financial sanctions on Tehran. Swift (Society for Worldwide Interbank Financial Telecommunicat

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India ‘exploring more options for Iran payments’

The Reserve Bank of India's Governor Duvvuri Subbarao said there were some arrangements in place for oil-related payments to Iran, which were working fine, and the central bank was also exploring other options. India, the world's f

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Reliance cuts off Etisalat over payments

India's Reliance Communications said it has disconnected from its network a mobile phone joint venture between Abu Dhabi-based Etisalat and India's DB Group over non-payment of fees for using its towers.      The

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