Financial Cards and Payments in Argentina - New Market Research Report
Credit cards transactions saw an easing of growth rates in 2012 as a consequence of fewer incentives implemented by retailers and banks. In addition, less positive expectations were prompted by a Federal Government announcement regarding a reduction in subsidies, with a consequent price increase for public services (such as gas, water and electricity) and transportation fees for 2012, although by April 2012 this measure had not been fully implemented and had been delayed.
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