ABN AMRO issue new credit card concept with “iPay Card”
— yulyanto
closeAuthor: yulyanto
Name: Yulyanto
Site: http://www.yulyanto.com
About: I was born on July, 16th of 1979, after graduate from Senior High School on 1996, I was continued my study at University of Persada Indonesia YAI (Jakarta) on 2002, majoring in Bachelor of Accounting and then continue my study in the same institution, success to get Master of Management especially Finance Management on 2005. After finish my first Master degree in Management, I’ve got the second Master of Law at University of Indonesia (Jakarta), especially in Economics Law on 2007 by Office’s Scholarship.
I have been working at PT Sanwell Austindo-Jakarta (www.austindocorporation.com), my last position as a Finance Manager, and then start on May 2007 I have been moving as a Marketing Manager, but until now I am still responsible as an Internal Control Manager at PT Austindo Perdana- Bali (Austindo Groups).
In my spare time, usually I am always reading and writing something. Until now, I have been contributed my opinion by some media, like’s science journal, articles, blogs and also in my personal website too (www.yulyanto.com).
Someday, I hope that my written will be useful for anything all in the world ………..............................…See Authors Posts (285) • July 14th, 2007
Until 2006, ABN AMRO (ABN) has issue almost 200.000 credit card in Indonesia. ABN has been targeting the growht till 400.000 of credit card in 2007. To get their target, ABN has continue one of they innovative product with doing the improvement on their new credit card consept with “iPay Card” (www.antara.co.id).
“iPay Card” will automatically cover your transactions or cash advance to be fixed installment with interest rate only 1,67 per month. If we compare with the other bank who issued the credit card, the consument will be paid the interest rate till 3,5 percent per month, so “iPay” is more profitable than the others. For credit card holder’s of “iPay Card”, ABN also giving free of charge for annual fee forever.
About Non Performing Loan, ABN has been trying to help their consument with issue newsletter to giving some education and knowledge about how to using the credit card with efficient and effectively.
ABN also has been refuse the retail transactions if the total of installment less than 30 percent from the consument income’s. ABN sure that with knowing the installment per month, consument will be easier to control theirs liabilities.
Topic: Business, Finance, News
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