More security for cards

Source:Global Times Published: 2016/12/29 22:38:39

The Chinese government on Thursday announced measures to ensure the security of bank cards, as the number of bank cards has risen rapidly in recent years, the People’s Bank of China (PBC), the central bank, said in a statement.

China will set up a security review mechanism in the financial sector to establish specific security standards for bank card clearing institutions, the PBC, along with 13 other government agencies, said.

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