{
  "id": 14157956,
  "title": "China gives green light to Visa for local clearing organisation after years-long wait",
  "url": "https://urgent.news/2026/10/13/china-gives-green-light-to-visa-for-local-clearing-organisation-after",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-13T03:52:05.000Z",
  "source": {
    "name": "South China Morning Post",
    "slug": "south-china-morning-post",
    "url": "https://www.scmp.com/economy/policy/article/3370674/china-approves-locally-registered-bank-card-organisation-visa"
  },
  "original_language": "en",
  "account": null,
  "summary": "The People’s Bank of China on Tuesday gave its approval to Visa to make preparations for a locally registered bank card clearing organisation, calling the move a major step in the country’s financial opening up in an online statement. The US card payment giant will have one year to finish its advance arrangements, after which it may submit an application to begin operations, the central bank…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 9,
    "also_reported_by": [
      {
        "outlet": "Bloomberg",
        "title": "Visa Approved to Prepare Domestic Payments Business in China",
        "url": "https://urgent.news/2026/10/13/visa-approved-to-prepare-domestic-payments-business-in-china",
        "published": "2026-10-13T04:09:40.000Z"
      },
      {
        "outlet": "Financial Post",
        "title": "Visa Receives Approval to Begin Preparations for a Domestic Business in China",
        "url": "https://urgent.news/2026/10/13/visa-receives-approval-to-begin-preparations-for-a-domestic-business",
        "published": "2026-10-13T04:13:07.000Z"
      },
      {
        "outlet": "RTHK News - Finance",
        "title": "Visa gets go-ahead to prepare for business in China",
        "url": "https://urgent.news/2026/10/13/visa-gets-go-ahead-to-prepare-for-business-in-china",
        "published": "2026-10-13T05:39:37.000Z"
      },
      {
        "outlet": "Investing.com",
        "title": "Visa gets approval to prepare for domestic business in China",
        "url": "https://urgent.news/2026/10/13/visa-gets-approval-to-prepare-for-domestic-business-in-china",
        "published": "2026-10-13T05:42:17.000Z"
      },
      {
        "outlet": "Straits Times Business",
        "title": "Visa approved to prepare domestic payments business in China",
        "url": "https://urgent.news/2026/10/13/visa-approved-to-prepare-domestic-payments-business-in-china",
        "published": "2026-10-13T05:50:00.000Z"
      },
      {
        "outlet": "CNBC",
        "title": "Visa gets Beijing's green light for bank card business after 40 years of working with China",
        "url": "https://urgent.news/2026/10/13/visa-gets-beijings-green-light-for-bank-card-business-after-40-years",
        "published": "2026-10-13T06:20:55.000Z"
      },
      {
        "outlet": "The Business Times - Companies & Markets",
        "title": "Visa approved to prepare domestic payments business in China",
        "url": "https://urgent.news/2026/10/13/visa-approved-to-prepare-domestic-payments-business-in-china-14139484",
        "published": "2026-10-13T06:44:46.000Z"
      },
      {
        "outlet": "Free Malaysia Today",
        "title": "Visa gets approval to prepare for domestic business in China",
        "url": "https://urgent.news/2026/10/13/visa-gets-approval-to-prepare-for-domestic-business-in-china-14153072",
        "published": "2026-10-13T07:39:11.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}