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Visa and Mastercard can be utilized on Chinese e-commerce apps now
After 10 years, the breakthrough was reached, and it will make life easier for foreign tourists in the People’s Republic of China. Until now, they were forced to open a bank account to use the services of Tencent (WeChat) and Ant (Alipay) of the Alibaba Group.
June28,2023
China greenlights Mastercard's JV for bank card clearing business
China's central bank said Tuesday that it has approved an application by Mastercard's Chinese joint venture to conduct bank card clearing business in the country.
February12,2020
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