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China Payments

UnionPay China Invests CNY 3 Billion to Enhance Payment Accessibility

UnionPay, a Chinese state-owned financial services firm, has unveiled Project Excellence 2024 in a bid to optimise payment services across the country. The project comes in response to the State Council’s recent guidelines calling for improvements in the payment services

Payments

Octopus Integrates UnionPay, AlipayHK, and Alipay for Taxi QR Payments in Hong Kong

Octopus has announced the expansion of its QR payment services for taxis in Hong Kong. Starting from 25 January, approximately 21,000 taxi drivers in the region will be able to accept QR code payments from UnionPay, AlipayHK, and Alipay through

Payments Security

2C2P to Offer UnionPay’s Payments Authentication for Hong Kong Merchants

Global payments platform 2C2P announced a partnership with UnionPay International to offer the UnionPay 3-D Secure (3DS) payment authentication solution to its network of merchants in Southeast Asia and Hong Kong. 2C2P will launch UnionPay 3DS in October first in

China E-Commerce Payments

Stripe Deepens Partnership With UnionPay to Tap Into China’s Consumer Market

Payment infrastructure provider Stripe has deepened its partnership with China’s UnionPay International to widen its access to the booming global Chinese consumer market. Stripe’s partnership with UnionPay International complements its existing Alipay and WeChat Pay integrations. Through a single integration,

Japan Mobile Payment

China’s UnionPay QR Now Inoperable with Japan’s Universal Payment QR

UnionPay announced that it has become the first international payment brand to be included in Japan’s universal payment QR standard known as JPQR. In 2018, the Japanese government put forward a plan to build a cash-free society. To make it

Mobile Payment

PayPal Expands Further into China with UnionPay Partnership

UnionPay International and PayPal, today announced a global partnership where both companies will work together to accelerate the growth of their networks. As part of the agreement, PayPal has committed to supporting UnionPay’s acceptance globally where PayPal is accepted –

Mobile Payment

UnionPay Bets on Wirecard to Support Global Expansion

UnionPay, the world largest card scheme formed a partnership with Wirecard a global player in the payments space. This agreement will see Wirecard supporting UnionPay’s ongoing international expansion and Wirecard’s growth in China. With over 7.59 billion cards issued under

Mobile Payment Travel

Chinese UnionPay Cardholders Entitled to Amazon Giftcard When Paying Student Fees

Geoswift, UnionPay International and Western Union have recently offered a joint tuition payment promotion available to Chinese students studying at more than 600 academic institutions in 11 countries. The promotion is available only for Chinese students studying in the United

Mobile Payment

Is UnionPay Breaking the Visa and Mastercard Duopoly?

It’s a well known fact that the cards network sector is dominated by the Visa and Mastercard duopoly. If you live outside of China, a quick glance into your wallet will likely prove that fact. Enter UnionPay, established in 2002

China Mobile Payment

UnionPay Expands its Mobile Payments App into Hong Kong and Macau

UnionPay announced that it has started to offer its mobile services to customers in Hong Kong and Macau, in a move that is said to meet increasing payment needs brought by the exchanges between Hong Kong/Macau and the Chinese mainland.