Global credit card circulation to reach 2.7 billion by 2015: Report

摘要

According to a New Report by Global Industry Analysts, Inc. (GIA), global market for Credit Card Issuing has gained immensely from the renewed confidence of consumers on the payment mode, post recession. After witnessing two calamitous years of declined business and mounting bad debts, credit card issuing globally is back on its growth path. GIA says that Credit Card issuers are currently sharpening their focus on innovation in service offerings to woo customers while at the same time exercising enough caution in keeping non-prime customers at bay.