In many countries credit card and merchant account have developed widely and

generally accepted. Though Vietnam is lagging behind we still strongly believe

that it will burst up in the next few years for its special advantages other than

cash. At that time we will have a new way of payment, government can satisfy his

desire to reduce the cash flow. But now there are still many obstacles to reach

that target.

By a survey, we found that many people are disinterested in credit card. They do

not know what it is, how to use it and what are their advantages. It is up to us to

format this thinking and replace with a new one. We hereby make our very

suggestions for that. We also make up a small business plan that can be a useful

reference for those who want to become the issuing agents. By our essay, we

hope to have deeper understanding about credit card and merchant account.

As time limited, mistakes and errors are inevitable. Therefore, we would like to

receive all comments and remarks from my teachers and friends who are

concerned about or interested in this subject matter.

REFERENCES

International Payment in Foreign Trade

(Foreign Trade University –  Professor Dinh Xuan Trinh)

Results of a Survey among 9 large banks, 45 businesses and 90 customers

            (Victorious Stars Group - 10/2002)

Annual Report 2000, 2001 of VIETCOMBANK (VCB)

Annual Report 2000, 2001 of ACB

Annual Report 2000, 2001 of EXIMBANK

Annual Report 2001 of Habubank

The Better Business Bureau (http://www.bbb.org)

American Express (http://www.americanexpress.com)

Visa (http://www.visa.com)

MasterCard International (http://www.mastercard.com)

Discover Card (http://discovercard.com)

Citibank (http://www.citicorp.com)

EDGARD (SEC online) (http://edgar.sec.gov)

Business Week (http://businessweek.com)

Schawb Now! (http://schwab.com)

Merrill Lynch (http://www.merrill-lynch.ml.com)

                                                      [ PREV ] [ NEXT ]

                                               [ TABLE OF CONTENTS ]

 [ INTRODUCTION ]    [ PART I ] [ PART II ] [ PART III ] [ CONCLUSION ]