PICK 'N PAY INTRODUCES A FINANCE CARD

CLAREMONT, South Africa (FNS) -- Pick 'n Pay Stores here has launched a debit/credit card that will be geared for a rollout of additional shopper services. The card, already being tested for payment of utility bills, may soon be used for movie and theater bookings, the purchase of insurance products, and other programs. The program is highly advanced for this market and reportedly has caused some

CLAREMONT, South Africa (FNS) -- Pick 'n Pay Stores here has launched a debit/credit card that will be geared for a rollout of additional shopper services. The card, already being tested for payment of utility bills, may soon be used for movie and theater bookings, the purchase of insurance products, and other programs. The program is highly advanced for this market and reportedly has caused some consternation among retail food competitors.

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