A Chinese woman poses with a handful of credit cards and a 100 yuan banknote Beijing . Photo: AFP
A Chinese woman poses with a handful of credit cards and a 100 yuan banknote Beijing . Photo: AFP
China economy
Economy /  China Economy

China’s central bank denies delaying Mastercard and Visa access to payments market

  • China’s central bank has denied dragging its heels on opening the massive Chinese payments market to Mastercard and Visa
  • The Financial Times reported that the PBOC was stalling market entry for payments giants

Frank Tang
Frank Tang

Updated: 8:35pm, 15 Jan, 2019

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A Chinese woman poses with a handful of credit cards and a 100 yuan banknote Beijing . Photo: AFP
A Chinese woman poses with a handful of credit cards and a 100 yuan banknote Beijing . Photo: AFP
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