The Chinese financial industry is further open to the public, and MasterCard, the second largest bank card clearing institution in the United States, has been approved to enter the Chinese market.
According to the CCTV News of China, according to the State Council's decision to implement bank card clearing institutions' admission management measures, the BankApplication for the opening of the bank card clearing institution submitted by Technology (Beijing) Co., Ltd. ".The People's Bank of China issued a bank card liquidation business license to the Masterpiece Network on Friday (November 17).
It is reported that the Masterpiece Connected Company is a joint venture jointly established in China in China.After obtaining administrative licenses, the MasterChat Networking Company can authorize member institutions in China to issue and accept the RMB bank card of the "Masterpiece" brand.
The People's Bank of China said that the next step will continue to follow the principles of openness, fairness, and fairness, promote the bank card liquidation market access work, coordinate development and security, continue to improve the supervision mechanism of bank card clearing institutions, promote payment of paymentThe industry's high -quality development.
Expert analysis, MasterCard is the second largest bank card clearing institution in the United States. It approves it to enter the Chinese market.Determination.
As of now, China has approved the two overseas bank card clearing institutions of American Express and Masterdown to enter the domestic market.
