Chinese service WeChat Pay, belonging to tech giant Tencent, will support American Express RMB credit cards. The application by American Express' Chinese venture to conduct bank card clearing operations in the country was approved by China's central bank. Amex is the first foreign company to receive this license. This partnership will drive to a more open and international development of China's payment and bank card clearing services. American Express will also carry out cooperation with the Industrial and Commercial Bank of China, Agricultural Bank of China, Bank of China, China Construction Bank, China UnionPay and Alipay.

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