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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