Credit cards on the decline in Singapore amid e-payment rise, tighter regulations

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SINGAPORE - Credit cards are on the decline, a trend analysts attribute to tighter regulations to curb excessive debt and the growing use of e-payments.. Read more at straitstimes.com.

SINGAPORE - Credit cards are on the decline, a trend analysts attribute to tighter regulations to curb excessive debt and the growing use of e-payments.

But the income banks earn from credit cards continues to rise, a positive picture seen at all the three major local banks.Enjoy unlimited access to ST's best work Subscribe Now

Source: Loan Digest (loandigest.net)

 

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