# clm_C32D9A47A6ED

subject: Visa Inc. (/record/visa.md)  
predicate: expanded  
value: domestic bankcard clearing institution in China  
valid_from: 2026-10-13  
valid_to: null  
published: 2026-10-13  
recorded: 2026-11-05  
confidence: 0.70  
status: valid  
assertable: true  
superseded_by: null  
last_updated: 2026-11-05  
cite: AsOf. "Visa Inc. expanded: domestic bankcard clearing institution in China", as of 2026-10-13. Claim clm_C32D9A47A6ED, https://asof.is/claim/clm_C32D9A47A6ED, accessed 2026-11-09. Source: https://investor.visa.com/news/news-details/2026/Visa-Receives-Approval-to-Begin-Preparations-for-a-Domestic-Business-in-China/default.aspx.  
checked: 2026-11-05 · its source page states the value and the date  

> Visa (NYSE:V), a global leader in digital payments, today announced that it has received approval of its Application to Prepare from the People’s Bank of China (PBOC), which allows the company to begin formal preparations to establish a domestic bankcard clearing institution in China.

What https://investor.visa.com/news/news-details/2026/Visa-Receives-Approval-to-Begin-Preparations-for-a-Domestic-Business-in-China/default.aspx says, word for word.

## Sources

- https://investor.visa.com/news/news-details/2026/Visa-Receives-Approval-to-Begin-Preparations-for-a-Domestic-Business-in-China/default.aspx (primary, Visa, published 2026-10-13)

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