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ACB-MASTERCARD LAUNCHES NEW CARDS IN VIETNAM.

Asia Africa Intelligence Wire

| July 06, 2004 | COPYRIGHT 2003 Financial Times Ltd. (Hide copyright information)Copyright

(From Asia Pulse)

HANOI, July 6 Asia Pulse - The Asia Commercial Bank (ACB) and MasterCard International launched the first ACB-MasterCard Electronic in Vietnam last Friday.

Last November it began offering the first debit card, the ACB-Visa Electron, now users of the new MasterCard can make payments using Vietnamese dong worldwide.

The new debit card is accepted worldwide in places that are equipped with Electronic Data Capture terminals and display the MasterCard Electronic symbol, according to Eileen Wee, an official for the payment solutions company in Southeast Asia. Holders can withdraw money from 900,000 ATMs around the world.

The …

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