[IMGCAP(1)]

Standard Chartered Bank Malaysia has begun to issue a Visa-branded credit card called the Visa Infinite card. The bank hopes to attract customers who earn at least 150,000 ringgits (US$45,900 or 29,000 euros) per year. The card "is targeted at the wealthy high net worth segment which is underserved in the market today," a bank spokesperson tells CardLine Global. The bank expects to issue 10,000 cards over the next year. The bank has issued at least 450,000 cards.

Subscribe Now

Authoritative analysis and perspective for every segment of the payments industry

14-Day Free Trial

Authoritative analysis and perspective for every segment of the industry