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Card firms press US to file WTO complaint on access to China

Card firms press US to file WTO complaint on access to China

Card companies, including MasterCard and Visa, have approached the US government about filing a WTO trade complaint against China for cutting them out of the country’s fast-growing, $723 billion, payment processing market, according to Bloomberg. China agreed to allow full access to "all payment and money-transmission services, including credit, charge and debit cards" by December [...]

The post Card firms press US to file WTO complaint on access to China appeared first on Payments Cards & Mobile.

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