Strategy: The U.K. Credit Card Industry In The Late 1980?s

Strategy: The U.K. quote card industry in the of late 1980?s 1. Why had the UK reference book card industry been so profitable in the 1980s? Which factors were the greatest threats to continued lucrativeness? At the beginning of the credit card history in the UK in that respect was only one player, Barclays Bank, which started operating the card fear in 1966. It didnt seem a profitable line of agate line at the beginning but the major banks were concerned that due to the use of the credit card, the logo of Barclay was appearing everywhere.

The main sources of income in the credit card business w ere the interest paid on debt by the cardholders and the MSC income from the merchants. It also provided a informal ship for the Banks, creating awareness of its presence in different businesses and stores. The advantages for the usage of the credit card are numerous. For the cardholders it was a source of flexible credit, and for the steady-going payers it represented a credit of 55 days unfreeze of interest. It...If you want to get a full essay, order it on our website: BestEssayCheap.com

If you want to get a full essay, visit our page: cheap essay