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Mastercard reiterates commitment to China

Monday 28 January 2019 | 01:20 PM CET

Mastercard has reiterated that its commitment to China remains stable and that it continues to work on securing the requisite license to be able to access China’s domestic market.

According to the press release, the company is in discussions regarding exploring different solutions. Moreover, it hopes to present another application for the bankcard-clearing license in the near future.

Earlier in January 2019, Mastercard announced a new policy for merchants that retain customers’ card information after they sign up for a free trial.

For more information about Mastercard Payment Gateway Services, please check out a detailed profile of this company in our dedicated, industry-specific online company database.

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