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| Author: | Bacani, C. Gearing, J. |
| Title: | Plastic wars |
| Journal: | Asiaweek
1996 : NOV 8, VOL. 22:45, p. 52-55 |
| Index terms: | ASIA CREDIT CARDS MARKET SURVEYS HONG KONG |
| Language: | eng |
| Abstract: | New competitors and technology are shaking up the card industry. Can Asia reap the benefits - and keep its high savings rates? You take pride in being a responsible credit-card user. You make sure you never exceed your credit limit. You avoid using cash-advance privileges even in emergencies. And every month, you pay in full the outstanding balance on your card on or before the due date. A model customer? Think again. Looking at your spotless payment record, the bank officer in charge of your account is likely to throw up her hands in despair and ask: "How can we persuade this card-holder not to pay on time?" |
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