Mentioned Companies:

American Express in China

The People’s Bank of China (PBOC) has granted preparatory approval to American Express to build a clearing and settlement network in mainland China. To handle processing for local and in-bound American Express card transactions, Amex has formed a joint venture with LianLian Yintong Electronic Payment Company. LianLian, which licensed the Serve prepaid card account management platform from Amex in 2012 to perform mobile phone top-ups, operates several business lines. It handles collections in renminbi from Chinese buyers who use direct debit to make payments online at foreign providers of ...

Want to read more?

Please log into your subscriber account.

Check out our subscription offers.
New subscribers receive over 130 articles in the 22 issues published each year, plus the last five years of issues (that’s over 1,200 articles) as a download link, which are fully searchable in PDF format.

© Copyright 2024 Nilson Report


November 2018
Headlines in this Issue
Charts in this Issue

Top 150 Card Issuers Worldwide Ranked by Outstandings

Total Chip Card Shipments 2017

Chip Card Shipments by Category and Type of Card 2017

Top Debit Card Issuers by Purchase Volume & Country 2017

150 Largest Credit Card Portfolios Worldwide 2017