Data and transaction services company Connxion Ventures (ASX:CXN) has entered into a joint venture in China with local vendor Ease Card.
The JV will develop payroll, employee and rewards card services for the Chinese employment market, Connxion said
It aims to issue up to 10 million cards in the next three years, collecting revenue every time card users transact with it.
The JV will also assess new and novel pre-paid card opportunities, Connxion said.
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