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Strategies & Market Trends : China Warehouse- More Than Crockery -- Ignore unavailable to you. Want to Upgrade?


To: RealMuLan who wrote (5259)8/2/2005 2:00:56 PM
From: RealMuLan  Read Replies (1) | Respond to of 6370
 
"China has a population of 1.3 billion with currently only 6% having credit cards. China is often described as ‘the last frontier of banking’. Local credit card issuing grew by over 200 % in the year up to March 2005. Card Fraud is relatively low in comparison to other Asian countries but is on the increase. Outsourced solution such as that provided by First Data and The ai Corporation provides an easy entry point for those concerned about fraud but not able to justify the major expense of installing their own system."
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