The White House announced the US President will formally request broader market access for Visa during a May 15, 2026, meeting with the Chinese President. This initiative is part of a wider effort to address market barriers for American companies in China.

Visa CEO Ryan McInerney will join the official U.S. delegation for the summit. His inclusion highlights the strategic importance of the negotiations for the company.

Directly providing payment services to Chinese consumers offers a massive long-term growth opportunity. The move aims to secure entry into one of the world's most lucrative financial markets.