Public Banks Shift Focus to Physical Consumption as Customers Embrace Travel and Department Store Card Usage

Reported 8 months ago

In the post-pandemic era after 4:10 pm on June 22, 2024, public banks in Taiwan have seen a significant increase in credit card usage shifting from online shopping back to physical department stores, fueled by booming travel demands. Several public banks have adjusted their credit card strategies in the second half of the year to focus on developing travel and department store-related consumption. This trend of preferring physical shopping and travel spending over online transactions has prompted public banks to differentiate their approach from private banks and adjust their financial strategies accordingly.

Source: YAHOO

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