In late Dec., Eastcom Peace launched PSAM, a type of card for financial use, after certified by Shanghai Koal Software, therefore became one of the suppliers of PSAM cards. The fact that Eastcom Peace successfully passed the test shall play a favorable role in pushing and deepening the card development in bank area.

It was early reported that all national banks are possible to order PSAM cards from the People’s Bank of China, Shanghai branch. (Source: Beijing office, reported by Fanny Lee)