Visa Wins Approval to Prepare China Domestic Card-Clearing Business
Visa said China's central bank approved preparations for a domestic bankcard clearing institution in China.
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Visa said China's central bank approved preparations for a domestic bankcard clearing institution in China.
Visa Inc. received approval to begin preparations to establish a domestic bank card clearing business in China, teeing up the firm to potentially follow rivals Mastercard Inc. and American Express Co. in serving the nation’s massive payments market.