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February 11, 2020 05:52 pm GMT
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/9reovUF2Q5E/
Mastercard given approval to prepare for entry into Chinas payments market
After years of unsuccessful attempts to enter China’s massive $27 trillion payments market, Mastercard announced today it has won approval from the People’s Bank of China (PBOC) to begin formal preparation to set up a bankcard clearing institution in China. The news is a significant step towards Mastercard being able to do business in China, […]Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/9reovUF2Q5E/
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