SAN FRANCISCO, Oct 13, 2026 (BSW) - Press Release from Business Wire: Visa Inc.

NAMPA / AFP

2026-10-13

Visa (NYSE:V), a global leader in digital payments, today announced that it has received approval of its Application to Prepare from the People's Bank of China (PBOC), which allows the company to begin formal preparations to establish a domestic bankcard clearing institution in China. This marks an important milestone toward the company serving China's domestic payments market. "The approval of our Application to Prepare marks a signifi......

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