[Korea before lower cervical financial newspaper reporter] that succeeded in seojunhui president-elect appointed as BC Card, BC Card Head chaejongjin president is expected to respond to the impacts associated with Saad place preemptively. Reduction of Chinese tourists is because the slip leads to reduced buying commissions. As the BC CUP card to proceed with the purchase slip, so the expected reduction in income after the next president is inaugurated for chaejongjin count of Saad corresponding to the first urgent task.
13 days, according to the tourism and finance industries, showed that Chinese tourists arriving via cruise away last year, after Saad place until July 9, only half the 83.4 million people start to decrease, since January this year. More than 70% of the sales are expected to decline in sales tax-free industry is more than 4 trillion won a year come to the Chinese. If you reduce the consumption of Chinese tourists UnionPay purchase slips are inevitable.
According to the Credit Finance Association, the worldwide UnionPay market share of 5 to 6 1 trillion level to double South Korea accounted 0.5%, the amount is about 500 million.
Yunjongmun the Credit Finance Association, the researchers said, because it is difficult to know exactly what credit card companies are not put into the statistical UnionPay income be reduced by Saad retaliation '' that the purchase slip UnionPay credit card companies are being expected to be affected, he said.
BC Card is an entry away.I'm watching you.You the situation.
BC Card official said, "is closely watching China's moves related Saad place, such as" he said.
In addition, BC Card is a situation last year reduced revenue compared to the year before last.
13 According to the Financial Supervisory Service (FSS), BC Card Net income was down 30.1% than the 200.7 billion won in 2015 to 140.2 billion won.
BC Card official said, 'BC Card has been reflected in the increase in non-recurring gains and the sale of MasterCard shares in 2015, said "This one-off gains declined for removal than two years ago," he said.
As the domestic card market saturation is also difficult to secure new members. The card industry already has gotta come out to compete with an increasing number of Member aggravated illegal recruitment. As payment processing is the main task of BC Card Shem we need to find new revenue streams.
Card Industry official said, "With regard to the Union, pay slips and purchase trends to watch for this issue to be solved Chinese tourists neuleonaya 'saying' If the BC Card will be prolonged to be looking for new revenue streams."
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