Recently Released Market Study: Charge Cards in Malaysia
Since credit cards and debit cards were strongly affected by the strict regulations imposed in 2011, players were more aggressive and persistent in promoting these two financial cards in 2012, which brought more challenges to charge cards. Besides the absence of the revolving credit feature, the main reasons consumers prefer credit cards over charge cards are because they require a lower minimum income, and offer benefits such as interest-free instalment payment plans. Moreover, American...
View full press release