Tag: UnionPay

October 06, 2017 BY Valentina Kirilova

Global merchants welcome new-generation Chinese tourists with UnionPay card services

6 million Chinese tourists are expected to visit foreign countries during the Golden Week from October 1. According to the latest analysis of China Tourism Academy, compared with previous years, the new-generation Chinese tourists of outbound tourism, instead of spending much time in shopping, they prefer activities such as self-driving, performance, special food and entertainment…

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August 16, 2016 BY Mike Fox

UnionPay Mobile QuickPass debuts in North America

It was announced today by UnionPay International that a number of daily-spending merchants in Canada will start to accept UnionPay mobile QuickPass, which marks the debut of this innovative service in North America. Previously, UnionPay mobile QuickPass has been accepted at over 220,000 POS terminals in Hong Kong, Macau, Taiwan, South Korea, Singapore and Australia. The merchants accepting…

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July 20, 2016 BY Mike Fox

China's UnionPay overseas-issued cards grows 40% YoY

UnionPay International, a subsidiary of China UnionPay focused on the growth and support of UnionPay’s global business is accelerating its localization overseas by enlarging card-issuing scale abroad, and by supporting overseas cardholders' card-using in the local market, China and other countries and regions. Latest data show that, by this June, the transaction volume of overseas-issued UnionPay cards…

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February 04, 2016 BY Mike Fox

TransferWise now supports renminbi transfers to Chinese UnionPay

TransferWise announced today it now supports Chinese Yuan (CNY) transfers to Chinese UnionPay card accounts. The service starts off with a fee starting from ¥24 ($3.65). China is currently the most expensive major currency corridor, according to the World Bank, with the average cost of sending $200 (£140) from the UK to China standing at…

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