Between 1999 and 2002, the issue of new credit cards in South Korea grew at an annual compound rate of 75%.

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In this type of agreement, the third party institution can issue branded cards and is responsible for design of product features, customer service, billing and credit and authorization of transactions.

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They offer the OKPAY Debit Card which is issued by CSC24Seven.com Limited, a financial institution licensed by the Central Bank of Cyprus to issue cards.

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