Beijing Business News (Reporter Wu Qiyun) At the 2024 Tourism Industry High Quality Development Conference held on January 18, 2024, Wu Huanyu, Deputy General Manager of Marketing for Mastercard Greater China, stated that in the field of high-value card swiping, as of the third quarter of 2023, the number of Mastercard merchants in China has more than tripled compared to the fourth quarter of 2019.
Wu Huanyu stated that Mastercard actively provides advice and suggestions to government agencies in various regions, improving the coverage of foreign card transactions through market research, acceptance testing, and special training. In November 2023, it officially announced multiple strategies aimed at accelerating the facilitation of inbound payments.