ISTANBUL, Oct 13 (Bernama-Anadolu) -- United States (US) payment giant Visa received approval from the People's Bank of China to begin formal preparations to establish a domestic bankcard clearing institution in the country, Anadolu Ajansi (AA) reported.
World : Visa Receives Approval To Begin Preparations For Domestic Business In China
Visa, China, People’s Bank of China, domestic p
BE Bernama 
Key points
- The company announced Tuesday that the approval marked an important milestone toward serving the domestic payments market of China.
- McInerney highlighted that the firm acted as an active contributor to the dynamic payments landscape of China for more than 40 years.
- Visa plans to complete the remaining steps under the regulations of the central bank to begin its domestic operations.
Sentences selected automatically from the original article by Bernama.
Also reported by Free Malaysia Today
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3 stories on this topic from 3 sources, oldest first.
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- Bernama World : Visa Receives Approval To Begin Preparations For Domestic Business In China (this story)
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