MasterCard slightly ahead of Visa in China

• MasterCard (NYSE:MA) is in slightly better position than Visa (NYSE:V) in China due to its advanced relationship with UnionPay, notes Wedbush Securities.
• The company has been in a co-branded card relationship with UnionPay since 2010.
• Previously: Door opens for MasterCard and Visa in China (April 22)
• Previously: China benefit estimates out on Visa and MasterCard (April 22)