New Report Available: Financial Cards and Payments in China
Total card transactions further decelerate in 2013 as compared to 2012, mainly due to the economic slowdown in China and the uncertain global economy, leading to weaker consumer confidence and less frequent transactions. However, total card transactions remain vigorous in cards in circulation, transactions and retail value, underpinned by consumers' growing acceptance of debit and credit cards, to facilitate a cashless, secure and convenient transaction in line with the faster pace of life...
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