Chinese prepaid market growing in closed loops

During the past year, prepaid use in China’s rapidly growing economy has seen a boom in the transportation and communications sectors and other closedloop markets. However, governmental regulations are still blocking any development in open-loop markets. One hundred thirty million prepaid cards were in circulation in China in 2006, up 19.3% from 109 million in […]

Asia Seeing Promise in Prepaid

Despite Asia’s largely cash-based economy, prepaid cards are making inroads there because of increased use in transportation and communications. “Around all the Asian regions, including mature prepaid markets like Japan, Singapore and Hong Kong, the prepaid card is seen to be an extremely diverse tool whose product development is much more dynamic,” says Sunil Devmurari, […]

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