China's Credit Card Market Welcomes New Opportunities Goldpac celebrates MasterCard's 50th Anniversary with the World Elite Credit Card

EQS-News / 11/12/2016 / 20:23 UTC+8

On December 8, 2016, MasterCard, one of the first international banking
card organizations to enter the China market hosted its "50th Anniversary
and 30th Year in China" celebration at the Great Hall of the People. During
the ceremony, the World Elite Credit Card, delivered by Goldpac, was
unveiled by MasterCard and the Bank of China. This brand-new credit card is
especially tailored by Goldpac for China's higher-end cardholder base to
fulfil their increasing desire for the perfect experience in payment and
convenience when overseas.

As a pioneer who has witnessed the rapidly evolving industry over the last
30 years, Mr. Edward Hou, Chief Executive Officer of Goldpac recalled the
exciting and significant moments in China's credit card history. Mr. Hou
explained how the achievements of China's credit card industry over the
past three decades is attributed to the continuous commitment and endeavors
of the entire industry including financial institutions, payment
organizations and solution providers. He also pointed out that with the
further opening up of banking clearing houses, international credit card
organizations like MasterCard will welcome new opportunities for rapid
development. Banks will also reinforce the credit card business to bolster
card issuance and improve credit card services levels, which are
undoubtedly bringing innovative, more convenient and safer payment
experiences to credit card holders.

As a partner to the creation of China's credit card history, Goldpac has
kept a long-term and close cooperation with MasterCard to deliver products
and services in compliance with MasterCard's standards to over a hundred
million cardholders in 19 countries across the world. Since 1997, Goldpac
has been recognized as the first MasterCard compliant product and service
provider in China. Over the past two decades, Goldpac has already delivered
close to 200 million MasterCard banking cards to the global market. At
present, Goldpac is leveraging its significant strengths in credit card
personalization capabilities and capacities to accelerate Fintech
innovation via its GCaaS cloud platform to extend its world-leading
personalization services to a wider overseas markets.

Looking forward, Goldpac remains committed to its philosophy of "Making
Transactions More Secure and Convenient" and will continue to strive,
together with its partners, for the benefit of the payment industry.


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Document: http://n.eqs.com/c/fncls.ssp?u=YPDDMTOAQT
Document title: China's Credit Card Market Welcomes New Opportunities
Goldpac celebrates MasterCard's 50th Anniversary with the World Elite Credit
Card

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Key word(s): Miscellaneous

11/12/2016 Dissemination of a Press Release, transmitted by EQS Group.
The issuer is solely responsible for the content of this announcement.

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