World Wires · story 40083 · corroborated · 1 source(s)

China approves Visa to establish local card clearing entity

The People’s Bank of China granted Visa approval to prepare a local bank card clearing organisation as part of ongoing financial market openings.

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Coverage

• China approves Visa to establish local card clearing entity South China Morning Post: China · tier B · clear net · 2026-10-13 03:52 UTC

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