Financial Cards and Payments in China - New Report Available
Economic slowdown in China, as well as the uncertain global economy, resulting in weaker consumer confidence and less frequent transactions, slowed the growth in total card transactions in 2014. A significant slowdown in pre-paid card transactions, due to strict anti-corruption regulations, had an influence on the overall financial cards market. However, growth in financial card transactions remained dynamic in both volume and value terms, thanks to the deepening penetration of debit cards, as...
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