Chief analyst, Botong Consulting
Appears in 1 story
Watching Visa's China strategy
China's central bank approved Visa's application to begin preparing a domestic bank card clearing business — the first step toward letting the U.S. payments company process renminbi-denominated card transactions inside China. The People's Bank of China (PBOC) announced the approval on October 13, ending a pursuit Visa began in 2017.
Updated Yesterday
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