| Chase Paymentech Makes Gift Cards Easy for Small Businesses with All ...
DALLAS, Nov. 9 /PRNewswire/ -- Chase Paymentech, the world's premier provider of payment services, announced today the introduction of an integrated, All-In-One payments package that provides small and medium-sized businesses with payment card processing and business growth services, including a "ready-to-market" gift card package. This new package will help ensure that smaller businesses can provide their customers the same payment choices as national retail chains. With the run-up to the 2007 holiday shopping period, letting customers use card-based payment methods - including the increasingly-popular gift card option - will provide a boost to merchants' bottom line. Gift cards are proven to increase merchant sales while increasing merchant profitability and are considered an increasingly essential tool for driving key holiday sales.
Asian 'godfathers' maintain mystique
THE rise of China and the revival of most other Asian economies have consigned the financial crisis of a decade ago to a distant haze. We're back, for the most part, in admiration mode. Clever blighters, these Asians, how on earth do they do it? One ubiquitous answer is that their good economic fortunes are driven substantially by brilliant entrepreneurs - almost all of them apparently ethnic Chinese - who have seized their chance with verve, being let off the regulatory leash to create diverse business empires out of virtually nothing. Enter Joe Studwell, iconoclastic British author of The China Dream and founder of the excellent Hong Kong-based China Economic Quarterly. His recently published Asian Godfathers: Money and Power in Hong Kong and southeast Asia is one of the best business books of 2007, and one of the best on Asia.
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