Tag : RMB transactions

American Express Elects Thomas Baltimore to Board of Directors
Fintech News

American Express Receives Clearance to Begin Processing Local Transactions in Mainland China

Fintech News Desk
Company becomes the first foreign payments network to be granted a clearing license in mainland China American Express announced that its joint-venture in mainland China, Express (Hangzhou) Technology Services Company Limited (“Express Company”), has received approval from the People’s Bank of China (PBOC) for a network clearing license. With this,......
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