Shenzhen
Bank of China and CUP offer dual currency card
Bank of China (BOC) and China Union Pay (CUP) have launched a dual currency credit card which offers cross border payment services…
Hong Kong and China plan cross-border e-money scheme
The Hong Kong Monetary Authority (HKMA) is planning a cross-border e-money scheme with China, which will encompass an electronic funds…
Region round-up
Asia-Pacific • Foreign banks with locally incorporated subsidiaries in China may not be able to issue renminbi-denominated bankcards as soon…
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