摘要
0n November 19,the People's Bank of China(PBC),the country's central bank,announced it will allow Mastercard NUCC Information Technology(Beijing)Co.Ltd.,a joint venture between Mastercard and Chinese firm NetsUnion Clearing Corp.,to conduct bank clearing business in China.This approval made Mastercard the second international bank card clearing institution operating in the Chinese market,following American Express,which was approved in 2020,and one of the three bank card clearing institutions in China,along with China UnionPay,the country's largest bank card payment processor.
