Payments News

On The Wires

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Companies

Splitit Partners With UnionPay, the World’s Largest Card Network of 9 Billion Cardholders

“Splitit, a global payment technology company (ASX:SPT), announces a new global partnership with UnionPay International, part of China UnionPay, the provider of bank card services and a major card scheme in mainland China. UnionPay International will be integrating Splitit to make it available to its network. This will give UnionPay card holders and those accepting […]
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Companies

UnionPay and Network International Support UAE Merchants With Smart Payment Solutions for Post-COVID Era

“UnionPay International (“UPI”), a leading global payment services provider, in cooperation with Network International, the leading enabler of digital commerce in the Middle East and Africa (MEA) region, is accelerating the UAE rollout of its QR code scanning -based payment solution to support local merchants as the country prepares for continued economic recovery and a resurgence of inbound tourists.”
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Companies

UnionPay Acceptance Network Expands to 180 Countries and Regions

“UnionPay International (UPI) announced today that with significant progress in Latin America, UnionPay acceptance network has now extended to 180 countries and regions, over half of which accept UnionPay mobile payments. As many as 55 million merchants worldwide take UnionPay cards. According to a report released by RBR , UnionPay is among the most widely accepted […]
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Companies

UnionPay International Drives Increase In ‘Contactless Payment’ For Consumer Safety During COVID-19

“As the struggle against COVID-19 continues, UnionPay International have unveiled a plan for increased consumer safety through accelerating the issuance of contactless payment enabled cards worldwide. Collaborating with many local banks around the world, UnionPay International have also made a considerable effort to increase availability and awareness of online checkout services in order to step […]
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Companies

CITCON Releases UnionPay Pass, the First Complete Suite of UnionPay Products in the U.S.

“CITCON , the integrated mobile payment and commerce leader, today announced the release of CITCON UnionPay Pass at Money 2020. CITCON UnionPay Pass is the first complete suite of UnionPay products available online and offline globally, serving the world’s largest cardholder base of more than about 8 billion cards issued worldwide, particularly from China, South […]
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Companies

UnionPay Now Accepted by Over 28 Million Merchants Outside Mainland China, With Cash-back Rewards Program

“UnionPay International (“UPI”), the global leading payment provider, announced recently that the number of merchants outside mainland China accepting UnionPay services has surpassed 28 million, with an increase of two million in the first half of the year alone. Meanwhile, UPI has further expanded its existing cashback rewards program, with eight of China’s major commercial banks issuing UnionPay cashback […]
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Companies

UnionPay’s acceptance footprint extends to 174 countries and regions

“In order to meet the payment needs of Chinese outbound tourists, UnionPay International continues to improve its acceptance network outside mainland China. So far, the UnionPay acceptance footprint has extended to 174 countries and regions. In the second half of 2018, Serbia, Montenegro and Jamaica started accepting UnionPay cards. On the eve of the Spring Festival, merchants in the UK, Poland and Georgia began […]
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Companies

Merchants worldwide optimize UnionPay services during Golden Week to enhance Chinese tourists’ experience

“The China Tourism Academy estimates that there will be 7 million outbound tourists during the Chinese National Day Holiday this year, hitting a record high. This holiday has become a global Golden Week, which is attracting the attention of foreign media and merchants. The Forbes website recently reported that Chinese tourists’ preference for experience, consumption […]