In an article in NewYork Times, I read that the government of South Korea to fight corruption made it almost mandatory for all enterprises in the country to accept credit cards and offered huge tax incentives in return for everybody using credit cards. As a result in 2006, half of the $491 billion in private consumption
Credit Adviser
Credit Adviser
ABN Amro Designer Platinum MasterCard
We have all heard of Privilege Cards, Mileage Cards, etc. In continued efforts to woo the Indian consumer, ABN Amro went ahead and launched a designer Platinum Master Card.
ABN’s Indian CEO, Meera Sanyal with Designer Rohit Bahl and super hot models
Indian Credit Card Market Survey
IIMS conducted a India Incomes and Savings Survey. Here are the excerpts w.r.t credit card market in India.
Demand for Credit Cards by geographic distribution in %ge
- Supermetros 11%
- Metros
Personalized ICICI Credit Cards
We have just been told by a reader about the new personalization features introduced by ICICI Bank for Debit / Credit Cards.
ICICI Bank has tied up with CardPix which lets one customize ICICI cards / Picture Cards.
Festive Season Credit Card Shopping Tips
Its a great year for the Indian economy. The mood is vibrant across the country for this festival season. However, our Banks and Credit Card [CC] companies are one of the worst establishments who do not know the value of customers.
Your wife wants that expensive Jewellery, Daugther wants the iPod and the demands continue with every member of the family. Thank God, we have Credit Card that will come handy for shopping this holiday
Rs 60 Million Credit Card Fraud in India
The Bangalore Police have informed us about a massive credit card fraud by a Gang of four. The amount involved is approximately Rs 60 Million.
The Gang under the kingpin D’souza, Mourise has cheated credit card divisions of ICICI Bank, HSBC, Deutsche Bank, Citibank and ABN Amro Bank. The gang’s modus operandi was to obtain credit cards under fictitious names producing fake salary slips, documents, identity cards and bank