"Credit Cards in the Czech Republic" Published
During 2013, issuers continued to tighten the criteria for receiving a credit card and also to clean their portfolios of inactive cards. As a result, the number of cards in circulation decreased, even though credit card transactions continued to grow at a very fast pace, both in terms of volume and value. Consumers were encouraged by issuers to use their credit cards more actively, mainly by changes made to charges, which resulted in credit cards transactions seeing retail value growth...
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