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April 16th, 2008 at 7:10 am

Banks Starts Visa and Master Card

Now day two world famous banks are agree to starts to new facility for the bank customers they have provided to European credit card to rival Visa Inc and MasterCard Inc. this report has given to banker in the Financial Times. Banker said “The French banks and several German banks are doing work feasibility of such a credit card”. Both banks are also providing one of the founding fathers of the European Union, Deutsche Bank, Commerz bank, a BNP Paribas, Societe Generale, DZ and Deutsche Postbank and the card would be named after Jean Monnet. French and German banks are worried to start conducting a feasibility study, added the banker. Global economic has despite doubts to losses in world credit markets but Visa customers have safely done business in stock market flotation in March. Visas flotation has started that of Master card in 2006. Financial Times has said in news this facility Visa and MasterCard remove banks fears problems.

Via.

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