Visa Enables Apple Pay Support for Chinese Visa Cardholders

Group 1 - Visa Inc. has enabled Apple Pay support for Chinese Visa cardholders, allowing eligible customers to add their Visa cards to Apple Pay for various payment methods [1][2] - The banks participating in this initiative include major institutions such as Industrial and Commercial Bank of China, Bank of China, and Agricultural Bank of China, with plans to expand the network further [2] - Visa is increasing investments in data and payment security, launching tokenization services, and focusing on cross-border payment scenarios to enhance its digital payment strategy in China [3][4] Group 2 - Visa operates VisaNet, a transaction-processing network that facilitates the authorization, clearing, and settlement of payment transactions globally [4]