Issued: June 30 2017
Effective: as of date of issuance
Main contents: The Guidelines specify that there is no limitation on the number of bank card settlement institutions to be established (Article 6).
People's Bank of China, Guidelines for Access Services for Bank Card Settlement Institutions
中国人民银行银行卡清算机构准入服务指南
No limits on the number of credit card companies in China.
By
Susan Mok
& clp articles