"Charge Cards in Argentina" Published
The number of charge cards in circulation remained low in Argentina, accounting for less than 1% of financial cards in circulation in 2012. As a product orientated towards higher-income consumers, it is a niche card type. Charge cards allow high-income Argentineans to purchase products and services without limits. Charge cards saw a 7% rise in card numbers in circulation in 2012, while transaction volumes increased by 8% and transaction value grew by 29%, driven in part by the high inflation...
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