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« May 22, 2003 | Main | May 27, 2003 »

May 23, 2003

Gaming panel shelves ATM slots

Liz Benston reports from Las Vegas on a decision by the Nevada Gaming Commission that blocked plans to equip slot machines with debit card readers.

Credit card games in India

Tags » Credit Cards, India

The Business Standard reports on credit and debit card activities in India.

Says Uttam Nayak, deputy country manager (South Asia), Visa International, "Thirty million people are eligible for credit cards while 130 million bank account holders are eligible for debit cards. That is the potential for growth." Banks expect card usage to grow 100 per cent in the next year. Currently, roughly 55 per cent of credit cards are active. The usage growth will depend on how many outlets accept cards.

Network 365 wins NTT DoCoMo mobile payments business

Tags » Mobile Payments, NTT DoCoMo

Network 365 announced this morning that it has been selected by Japan's NTT DoCoMo to provide DoCommerce, a secure mobile payments service.

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