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

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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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