On demand delivery player Glovo partners with UnionPay
Jul31

On demand delivery player Glovo partners with UnionPay

UnionPay International, the card payment organisation with the world’s largest cardholder base, today announces a partnership with Glovo, the Barcelona-based on-demand economy technology start-up, which will enable UnionPay cardholders to use its app initially in Spain, Portugal, France and Italy. Founded in 2015, Glovo is an on-demand economy technology start-up that allows local stores to offer their products in the same city...

Read More
MiFinity announces 5-year extension of strategic partnership with UnionPay International
May29

MiFinity announces 5-year extension of strategic partnership with UnionPay International

MiFinity, a global payments provider, is proud to announce a 5-year extension to its existing strategic partnership with UnionPay International. This extension is testament to the great working relationship between both UnionPay and MiFinity and will help MiFinity continue to build upon and grow the existing UnionPay vertical. As a principal member of UnionPay International, MiFinity is currently licensed to acquire UnionPay traffic...

Read More
Global fintech platform NIUM partners with Geoswift to enable overseas customers to remit funds into China
Apr24

Global fintech platform NIUM partners with Geoswift to enable overseas customers to remit funds into China

Global fintech platform NIUM has partnered with Geoswift, an innovative payment technology company connecting China and the rest of the world, to enable overseas customers to remit money into China. The tie up allows NIUM’s customers worldwide to send funds directly to a receiver’s UnionPay card account with 14 banks in China in real-time, and another 50+ within 48 hours[2]. Traditionally, consumers or businesses who want to send...

Read More
FIME Supports Acquirers Globally to Achieve UnionPay Certification  
Jan11

FIME Supports Acquirers Globally to Achieve UnionPay Certification  

Qualified test tools and services enable acquirers to meet growing UnionPay adoption outside of China FIME has achieved UnionPay International (UPI) qualification for its Savvi Test Platform. With over 160 countries outside of China currently accepting UnionPay, acquirers overseas can now receive local consultancy, testing and certification support from FIME. These tools and services enable acquirers to quickly and cost-effectively...

Read More
UnionPay Cardholders will enjoy Convenient Payment Experience in Russia Next Year
Jan02

UnionPay Cardholders will enjoy Convenient Payment Experience in Russia Next Year

UnionPay International is sparing no efforts in expanding its acceptance network in Russia these days. It is expected that UnionPay will be accepted at more than 90% of the local ATMs and POS terminals before the 2018 World Cup, and cardholders will be able to enjoy convenient payment experiences in cities like Moscow, Kaliningrad, St. Petersburg and Volgograd. At present, the acceptance coverage of UnionPay in Russia is over 85%,...

Read More
UnionPay International Accelerates Online Acceptance in Malaysia
Dec22

UnionPay International Accelerates Online Acceptance in Malaysia

Strategic partnership with iPay88 will enable fast, simple and secure digital payment experiences for UnionPay Cardholders and e-retailers. UnionPay International announces partnership with iPay88, Malaysia’s largest online payment gateway provider to expand its online acceptance. Currently, over 50 Malaysian e-commerce websites are already enabled with UnionPay acceptance. Progressively, consumers will be able to enjoy secure...

Read More
Mastercard and Visa Lose Share to UnionPay in Global Cards Market
Jul17

Mastercard and Visa Lose Share to UnionPay in Global Cards Market

The global payment cards market has grown to 14 billion cards, with UnionPay consolidating itsmposition as the largest scheme, according to new research from RBR A billion new cards issued in just one year Brand new research from RBR reveals that the number of payment cards worldwide increased by 8%min 2016 to 14 billion. With a billion new cards issued in the space of a year, the global market remains buoyant. The fastest growth is...

Read More
Planet Payment and ACI Worldwide Launch UnionPay International’s SecurePlus
Jul05

Planet Payment and ACI Worldwide Launch UnionPay International’s SecurePlus

Planet Payment, Inc and ACI Worldwide today announced the launch of UnionPay International’s SecurePlus, the latest in UnionPay’s solution set, that will now enable the acceptance of UnionPay debit and credit cards online, with several significant enhancements. UnionPay is one of the largest bankcard associations in the world, with over 6.5 billion cards issued worldwide. According to the Nilson Report, over 38 billion transactions...

Read More
UnionPay International Cooperates with Westpac
Apr26

UnionPay International Cooperates with Westpac

80% of ATMs in New Zealand accept UnionPay cards UnionPay International announced that it has cooperated with Westpac to enable all the ATMs and about 1,300 online merchants subordinate to Westpac in New Zealand to accept UnionPay cards. So far, UnionPay cards are accepted at 80% of the local ATMs. Cai Jianbo, CEO of UnionPay International, and Simon Power, General Manager of Consumer Banking and Wealth at Westpac, attended the...

Read More
FIME Announces Participation in UnionPay QuickPass Sponsorship Program
Jan04

FIME Announces Participation in UnionPay QuickPass Sponsorship Program

Initiative significantly reduces certification costs for terminal manufacturers and kernel developers FIME today announces that its test laboratories in France and Taiwan are now eligible to support terminal manufacturers and kernel developers as part of the UnionPay QuickPass sponsorship program. By significantly subsidizing certification costs, the program is working to drive adoption of UnionPay QuickPass. “We are supporting...

Read More
Public Bank to Launch UnionPay Card in Malaysia
Jul26

Public Bank to Launch UnionPay Card in Malaysia

Public Bank, Malaysia’s third largest bank and UnionPay International, a global payment network signed an agreement for UnionPay Debit Card Issuing Business today. With this partnership, Public Bank will be the first local bank to issue UnionPay card in Malaysia by Quarter 4 of year 2016. PB UnionPay Lifestyle Debit Card and PB UnionPay Savings Account will be launched to cater to the needs for customers and businessmen who...

Read More
UnionPay takes top spot from Visa in $22 trillion global cards market
Jul22

UnionPay takes top spot from Visa in $22 trillion global cards market

Having been the largest scheme worldwide for card numbers since 2010, UnionPay overtook Visa to also become the largest by value of card payments in 2015 Payment cards worldwide increase by 8% to reach 13 billion in 2015 New research from RBR shows that the number of payment cards in circulation worldwide increased by 8% last year to 13 billion. Although still impressive, the growth rate fell from 11% in 2014, following a slowdown in...

Read More
X