Bank Of China Issues Prepaid Card For Olympics

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Bank of China has launched a prepaid card with China UnionPay that is designed to appeal to visitors travelling to Beijing for the Olympics, a bank spokesperson tells CardLine Global. Cards will come in amounts that range from 300 yuan (US$43.90 or 27.90 euros) to 1,000 yuan, the spokesperson says. Cards expire after one year. "Foreign travellers can purchase the card at any of our branches in Beijing," the spokesperson says. The bank hopes to issue 2 million cards. The bank will refund unused funds. At least 1.4 million point-of-sale terminals in China will accept the card.


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