Visa wins China approval to prepare for domestic payments business

Investing.com-- Visa Inc (NYSE:V) said on Tuesday it had received approval from China’s central bank to begin preparations for establishing a domestic bankcard clearing institution, marking a step toward entering the country’s domestic payments market.

Oct 13, 2026 - 10:00
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Visa wins China approval to prepare for domestic payments business
Investing.com-- Visa Inc (NYSE:V) said on Tuesday it had received approval from China’s central bank to begin preparations for establishing a domestic bankcard clearing institution, marking a step toward entering the country’s domestic payments market.

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