Visa Eyes China's Vast Payments Market After Key Regulatory Breakthrough
Visa (NYSE: V) stock gains in premarket trading as the PBOC approves its application to prepare for domestic payment clearing in China.
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Why It Matters
Visa got permission to work in China's huge payment system. This shows China is opening its doors to foreign money companies.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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