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BSP issues new credit card restrictions

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Bangko Sentral ng Pilipinas (BSP). RYAN LEAGOGO/INQUIRER.net

Unsolicited phone calls from pushy credit card salesmen have now been banned as part of regulators’ ongoing efforts to protect consumers from accumulating excessive debt.

Posted: August 23rd, 2014 in Headlines,Latest Business Stories | Read More »

American Express to pay $75.7 million for overbilling

Credit-card giant American Express Tuesday announced a $75.7 million settlement to resolve charges that it overbilled consumers and misled customers on services provided.

Posted: December 25th, 2013 in Latest Business Stories | Read More »

Citibank offers debt payment relief to those displaced by Bohol-Cebu quake

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Citibank

Global banking giant Citibank has offered debt payment relief to credit cardholders and personal loan customers who were victimized by the recent 7.2-magnitude earthquake that devastated Central Visayas.

Posted: October 21st, 2013 in Latest Business Stories | Read More »

Transforming PH into a modern, cashless society

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Iain Jamieson, Visa country manager for Philippines and Guam (right) shares a toast with Batara Sianturi, Citi Country Officer (left) and Bea Tan, Consumer Business Manager (Center), to celebrate the launch of the Citibank Visa payWave contactless credit card in the Philippines. MATIKAS SANTOS

Say goodbye to long lines at cashiers who are asking for a smaller bill or asking for coins when buying groceries at supermarkets, drinks at coffee shops, and tickets to the movies.

Posted: September 19th, 2013 in Latest Business Stories | Read More »

Airline firm’s credit card policy irks passengers

AFP file photo

Several passengers bound for Singapore early Wednesday were irked over a policy by an airline company, which refused to honor their tickets that were paid for online with credit cards owned by either their companies or by their travel agencies.

Posted: June 13th, 2013 in Latest Business Stories | Read More »

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