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Use of wholesaler’s exclusive credit card is promoted at drugstores

Published: 2011-04-04 07:00:00
Updated: 2011-04-04 07:00:00
A growing number of pharmacies in Pusan and Kyungnam Provinces have opted for wholesaler’s exclusive credit card to help wholesalers cut high plastic card commission fees.

Currently, the general card fee charged to wholesalers is 2.65 percent of revenue, 0.35 percent higher than wholesaler’s exclusive credit fee.

When a large wholesaler settles a 500 billion won transaction with a card, h...

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