Tag "UnionPay"

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

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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.

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