Cards General

Shariah-Compliant MasterCard Points the Way to Mecca

October 16, 2012

On October 9th, 2012, Al Hilal Bank announced the launch of its Qibla credit card, developed in association with MasterCard and InfoTec Systems.  At the press of a button a digital compass locates the direction of the Kaaba (the sacred building at Mecca), to which Muslims turn at prayer. Now, when you think about the payment card you prefer …
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35,000 Feet in the Air- Reflections on Cash Payments, Literally

35,000 Feet in the Air: Reflections on Cash Payments, Literally…

September 14, 2012

Hearing the flight attendant over the loud speaker got me thinking about consumers who still very much rely on cash.  “Thank you for flying with us.  In addition to our complementary soft drinks, we are offering beer for $6 and wine for $7.”  The next line was priceless: “Cash is not accepted on this flight, we …
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