CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 79.75% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Visa rises after securing Chinese approval for card-clearing business preparations

By Reuters News10:42 (UTC), 13 October 2026 Updated

** Visa V.N shares gain 1.6% to $395.66 premarket

** The credit card giant receives China's approval to prepare for a domestic bank card-clearing business

** Nod a major step for V to entering one of the largest payment markets

** Rivals Mastercard MA.N, American Express AXP.N already in business

** Visa has a year to complete preparations before applying for license, the People's Bank of China said

** Year through last close: V ahead 10.99%, AXP down 15.80% and MA up 4.24%

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