mikeo56, re apym
The description is fascinating because of the upcoming Olympics and the need for China to get ready for an influx of travelers. Seems like China already must have credit/debit card processing. Biggest link is be able to process both domestic and international payments. I also like credit bureau startup. Don't know how much competition exists.
In US, biggest wins in card processing business. Thin margins offset by gigantic volumes. Obviously operational execution and minimal mistakes are the key. Also no big fraud losses.
These guys are in Seattle. I guess I could study up and pay a visit to their Seattle office. No cash right now so will do some study and decide. At the rate stock is going up, I'd better hurry. Bobwins
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