MA241108C482500
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MasterCard Newsroom
New and old Mastercard will be "connected"! Mastercard Network officially launched upgrades and migrations for existing cards six months after opening for business, let's take a look at the latest response.
Mastercard announced that it will work with domestic partner banks to carry out the relevant work of upgrading and migrating existing cards to new "China Mastercard" cards and other acceptance products. Domestic dual-label cards issued before belong to a temporary measure when the bank card market was not completely open. Currently, Mastercard is upgrading and migrating existing bank cards as a domestic licensed card organization, solving historical legacy issues.
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