[Visa China Approved to Prepare for Bank Card Clearing Institution] According to Deep Tide TechFlow, on October 13, Visa's official service account announced that Visa has officially received approval from the People's Bank of China to prepare for establishing a bank card clearing institution within China. Visa will continue to complete subsequent tasks and carry out bank card clearing operations within the country. Visa CEO Al Kelly stated that the approval of this preparatory application marks another significant milestone in Visa's long-term commitment to serving the Chinese market. The company looks forward to actively advancing follow-up work in accordance with the relevant regulatory requirements of the People's Bank of China, aiming to commence operations domestically as soon as possible. (Shanghai Securities News)