Recently Published Research from Euromonitor International, "Financial Cards and Payments in China", Is Now Available at Fast Market Research
Financial cards in circulation growth rates are declining in 2012. Due to the economic slowdown and soaring inflation over the review period, banks in China have shifted their focus from acquiring new customers to customer retention and profitability. Bank card transactions are increasing strongly in both volume and value terms thanks to the further penetration of credit cards and debit cards in China. As a result of growing acceptance amongst domestic customers, the overall bank card...
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