Bahrain-based Arab Financial Services (AFS), a provider of electronic payments and consumer finance outsourcing services, has achieved the Payment Card Industry (PCI) Security Standards Council Certification 3.0 for its credit and debit platform
Visa cardholders in Mena spent on $3.98 billion across all Visa products, credit, debit and prepaid during the 2014 Ramadan, reflecting a 16 per cent increase over the same period last year, a report said.
The findings were releas
Lebanon-based Bank Audi sal has become the first bank in the country to implement the Visa payWave technology and issue Visa payWave debit cards to its customers.
Visa’s payWave technology is a globally a
Six people were arrested and charged on Monday for participating in a worldwide ATM heist that stole $45 million from two Middle East banks.
The five men and one woman, all residents of the New York City suburb of Yonkers, were ac
The Central Bank of UAE is set to kick off the ‘Direct Debit System’ on October 5, following the completion of registration of banks and finance companies into the system.
Direct debit is a safe and convenient method o
The National Bank of Ras Al-Khaimah (Rakbank) has announced the launch of a new website for its weekly discounted deals.
Rakbank's latest creative value-added platform is aimed at offering its credit and prepaid card customers with exclusi
Bahrain-based Ithmaar Bank, a premier Islamic retail and commercial bank, is issuing its customers new Ithmaar-branded ATM (debit) cards.
The distribution of the new Ithmaar-branded ATM cards, which replace the older Shamil-branded cards,
Electronic Document Centre (EDC), a subsidiary of Emirates Post, has been certified by Visa and MasterCard for its expertise in producing payment cards.
This includes Debit, ATM & Credit cards. EDC also produces Health, Insurance, ID a