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Visa Receives Clearance to Bring Card Business to China

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Visa has been granted permission from China to bring its card business to that country. The American payments giant announced Tuesday (Oct. 13) that the People’s Bank of China (PBOC) had approved its “Application to Prepare,” which lets Visa begin work on setting up a domestic bankcard clearing operation in China.  The company called the […]

The post Visa Receives Clearance to Bring Card Business to China appeared first on PYMNTS.com .

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