Visa gets approval to prepare for domestic business in China
13/10/2026 05:22
Visa gets approval to prepare for domestic business in China Oct 13 (Reuters) - US payments firm Visa V.N has received approval from China's central bank to begin preparations for a domestic bankcard clearing institution in China, it said in a statement on Tuesday.
(Reporting by Abu Sultan in Bengaluru; Editing by Janane Venkatraman)
Recent news on Visa
See all newsBrief: Visa Announces Enhanced Capabilities That Can Bring Trust And Control To The Future Of Business Payments
Brief: Mesh, Visa Partner To Expand Stablecoin, Crypto Spending
Stablecoin issuer Circle to push into 40 new markets, CEO says
Brief: Visa Direct Launches Stablecoin-Powered Money Movement as Pilots Move to Production, Says Website
Visa rises after securing Chinese approval for card-clearing business preparations