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Article: Harvey Norman launches credit card.
- Article from:
- Australasian Business Intelligence
- Article date:
- October 27, 2005
CopyrightCOPYRIGHT 2005 News provided by Comtex. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Oct 27, 2005 (Inside Retailing - ABIX via COMTEX) -- Australian retailer Harvey Norman plans tolaunch an in-store credit card, called GOMasterCard. The group has chosen to appointGE Money to administer the new credit card.Harvey Norman CEO Gerry Harvey notes thatwhile administering its own credit card, like
David Jones, would be more profitable, itwould also carry more risk. GE Money hadpreviously set up credit card services forColes Myer. The Harvey Norman GO MasterCardincludes a points reward scheme for...