[CDTR.OB] CARDTREND INTL IN > 0.075 +0.02 ( +25.00%) Open > 0.06 Volume > 230317
Cardtrend International, Inc. provides credit card transaction processing services in China and other markets in Asia. It operates in three segments: Processing Business, Prepaid Business, and Cards Business. The Processing Business segment provides business processes out-sourcing and data processing services to operators and acceptors of payments cards, as well as loyalty-rewards cards. The Prepaid Business segment distributes and sells prepaid products and services, such as cell-phone prepaid airtime, long distance IDD call airtime, Internet services airtime, TV airtime, transportation and entertainment tickets, and gift cards to corporations and individuals. The Cards Business segment issues payments cards, including multi-purpose prepaid cards, charge cards, and credit cards using international brands, such as MasterCard and/or Visa; and loyalty rewards cards to corporations and individuals.
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