Passengers on the Indian Railways, the world’s second-largest rail network, now may use their mobile phones to book their tickets through a new offering from the Indian Railway Catering and Tourism Corp.
The agency, an information-technology venture under the Ministry of Railways, launched a mobile version of its popular online ticket-booking portal on Jan. 5.… Read the rest

South Koreans’ credit card spending overseas reached a new high in this year’s second quarter, the Bank of Korea reports.… Read the rest

State Bank of India Ltd. plans to deploy 50 solar-powered ATMs in the state of West Bengal in India to promote the use of alternative energy sources, an official from the Mumbai-based bank tells PaymentsSource.… Read the rest

India’s Kotak Mahindra Bank Ltd. announced on Aug. 30 the launch of a credit card designed for the Non-Resident Indian segment, which includes Indian citizens who have migrated to another country, are of Indian origin but born outside India, or are of Indian origin but reside permanently outside India.… Read the rest

POSBank has launched a payment card that incorporates both debit and credit card functions, according to the Singapore-based bank.… Read the rest

United Kingdom-based Standard Chartered bank has begun issuing yuan-denominated debit cards in China after signing a card agreement with China UnionPay, a bank spokesperson tells CardLine Global.
The bank earlier this month received permission from Chinese financial authorities to issue the cards (CardLine Global, 14 July). The bank is among the first foreign financial institutions… Read the rest