Visa holders hit 1.85m<\/p>\n
JAKARTA (JP): Visa International announced on Wednesday that
\nthe number of its credit card holders in Indonesia rose to 1.85
\nmillion as of end of March, a 42 percent increase from a year
\nago.<\/p>\n
Visa's country manager for Indonesia Ellyana C. Fuad said the
\ncompany's credit card sales volume also increased 49.7 percent to
\nRp 2.35 trillion (about US$238.6 million) during the first three
\nmonths of the year, while transactions jumped by 40 percent to
\n6.1 million over the same period.<\/p>\n
\"Consumers are very quickly becoming aware of the need for
\nsecurity in payment transactions, which traditional methods such
\nas cash do not provide. These account for the phenomenal growth
\nin both credit and debit cards in Indonesia,\" she said in a
\nstatement.<\/p>\n
The company also recorded two million holders for its Visa
\nElectron debit card as of the end of March, a 147 percent
\nincrease from a year ago, Ellyana said.(tnt)<\/p>",
"url": "https:\/\/jawawa.id\/newsitem\/visa-holders-hit-185m-1447893297",
"image": ""
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"sponsor": "Okusi Associates",
"sponsor_url": "https:\/\/okusiassociates.com"
}