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Visa Seeks Increase in Asia Debit Card Use.
Byline: Somporn Thapanachai
Nov. 3--Visa International aims to promote greater use of spending through debit cards in Asia where credit cards are currently the preferred method.
Rupert Keeley, president and chief executive of Visa International's Asia-Pacific region, said the firm would introduce a new debit product which would carry the Visa name in the not-too-distant future.
The use of debit cards in the US and UK is much more prevalent than in Asia.
But Visa is promoting debit cards as a strong alternative to cash, with one strong point being the ability of people without access to a credit facility but with a bank account can ...
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Source: HighBeam Research, Visa Seeks Increase in Asia Debit Card Use.