Macau Monetary Authority

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    Macau Monetary Authority confirms UnionPay crackdown: Premium mass seen hit

    The Macau Monetary Authority has confirmed it is stepping up supervision of the use of China UnionPay cards in pawn shops in a move analysts say is likely to impact the premium mass market. The MMA in a statement Friday confirmed that it will be implementing real-time monitoring of mainland bank cards at high-risk merchants. […]