(Beijing Comprehensive News) The People's Bank of China announced that it has issued a bank card clearing business license to the joint venture in China in China, marking that the "Masterpiece" brand RMB bank card will be issued in the Chinese market.

The People's Bank of China website released on Sunday (November 19). According to the State Council's decision to implement bank card clearing institutions in the implementation of the management measures of the bank card clearing institution,The bank card liquidation institution of "Masterpiece Connected Information Technology (Beijing) Co., Ltd." Co., Ltd. opened its application for opening, and the company officially obtained the bank card liquidation business license on November 17.

MasterColin is a joint venture that jointly initiated by MasterCard and Netlink Clearance Co., Ltd. in mainland China.After obtaining an administrative license, the Masterpiece Network Company can issue and accept the RMB bank card of the "Masterpiece" brand in the authorities of the "Masterpiece" brand in mainland China.It has also become China's third bank card clearing institution after China UnionPay and connecting the company, and it is also the second China -foreign joint venture bank card clearing institution.

The bank card liquidation business involves debt and debt computing and fund settlement between the subjects, which is an important part of the financial market.The People's Bank of China stated that it will promote the bank card liquidation market access in accordance with the law, coordinate development and security, continue to improve the supervision mechanism, and promote the high -quality development of the payment industry.

Xinhua News Agency quoted the industry's views that the People's Bank of China was a specific measure to promote the deployment of high -level open decision -making and deployment, showing China's determination to expand opening to the outside world.

MasterCard announced in June this year to cooperate with Alipay to provide payment options for overseas tourists in China.WeChat payment has also fully supported the binding of MasterCard's bank card in July this year.