| | * Financial services market to grow at least 15 pct this yr* China UnionPay has 1.4 billion debit cards in circulation By Terril Yue Jones BEIJING, Jan 17 (Reuters) - MasterCard Worldwide's partnership with China UnionPay, the country's lone bank card transaction processor, will help it become a player in China's $3 trillion personal consumption market in five to 10 years, the head of MasterCard in China said on Monday. The financial services market, including banks and payment cards, will grow at least 15 percent this year, Ling Hai, MasterCard's president for the Greater China region, said in an interview.... read more» |
