Found 7 results in 640 milliseconds.
Eric Grover, Principal at Intrepid Ventures, analyses the unbalanced competition between central banks and private-sector payment systems across the globe, revealing what are each’s strengths.
central bank, payments system, cross-border payments, fintech
Mastercard has announced that it has received in-principle approval from the People’s Bank of China (PBOC) to begin formal preparations to set up a domestic bankcard clearing institution.
MasterCard, local operations, bankcard clearing
Mastercard has reiterated that its commitment to China remains stable and that it continues to work on securing the requisite license to be able to access China’s domestic market.
MasterCard, China, bank, card, bankcard-clearing license
People`s Bank of China is creating a new clearinghouse for online transactions, a key step toward closer oversight of the countrys third-party payment market, currently more than CNY 24.2 trillion (USD 3.63 trillion).
China, central bank, independent, clearinghouse, online transactions, online sales, banking, services, Customers
China UnionPay (CUP) and Visa have signed a Memorandum of Understanding (MOU) in Shanghai on payments security, innovation and financial inclusion.
online fraud, online security, cyber security, fraud prevention, CUP, Visa, payments security, financial inclusion, MOU
Apple has unveiled that the App Store has added UnionPay as a payment option for customers in China.
Apple, UnionPay, payment, App Store, China, Apple ID, China UnionPay, one-tap purchases, apps
China UnionPay and American Express have signed an agreement for both companies to explore the expansion of their current partnership.
China UnionPay, American Express, Memorandum of Understanding, online payments