Summary | The move will likely end a near monopoly by China
UnionPay.The market was valued at US$6.84 trillion in
2014.Experts say petition will help boost growth in the
sector."Once this market opens, it requires more entities that
provide bank card clearing services.This would impact
UnionPay's market dominance position.| People's Daily Online | ...
en.ce.cn | 02 June 2015