China asks Visa, Mastercard to cut transaction fees, Bloomberg News reports-February 2024-www.financetom.com

China asks Visa, Mastercard to cut transaction fees, Bloomberg News reports

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China asks Visa, Mastercard to cut transaction fees, Bloomberg News reports

Jun 20, 2024 11:29 PM

June 21 (Reuters) - China is pushing for Visa and

Mastercard ( MA ) to lower their bank card transaction fees in

the country as part of an effort to facilitate payments for

foreign visitors, Bloomberg News reported on Friday, citing a

person familiar with the matter.

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