China’s fight with Visa and MasterCard goes global: UnionPay, the world’s largest bank card group, sets its sights on emerging markets

27 April 2017
Financial Times

"For many people in emerging markets, this will be the first card they come in contact with," says Neil Katkov, senior vice-president at finance consultant Celent in Tokyo. "That's a big shift from when Visa and MasterCard were the only game in town."

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