Enables UnionPay credit card holders to use Splitit’s installment solution for the first time wherever Splitit is offered globally Marks significant expansion into a large Asia Pacific shopper base, ...

SHANGHAI (Reuters) - Chinese bank card operator UnionPay, which may soon have to defend its near monopoly against Visa and MasterCard, faces a much bigger threat from online payment providers such as ...

This initiative also reinforces cross-border engagement and long-term institutional cooperation. The SplendorPlus Card combines the strength of the Bank of China brand with the reach of UnionPay's ...

UnionPay International (UPI) and Samsung Electronics jointly announced the launch of a collaborative payment service based on the "NFC-QRC all-in-one" mobile payment solution in Shanghai. Following ...

The model offers issuers and merchants multiple payment options to serve different customer segments and transaction types.

Reinforcing its dedication to enhancing customer convenience and delivering exceptional value, Commercial Bank of Ceylon has unveiled the UnionPay SplendorPlus card, a premium addition to its UnionPay ...

Signaling greater financial cooperation between the two countries, Bank of China Ltd., one of the big four Chinese banks, has begun issuing a debit card in Thailand. The state-owned Chinese commercial ...

On November 28, 11 cross-border payment cooperation documents were signed in Shanghai, China, between UnionPay and 11 major institutions, including the Bank of China, PayNet (Malaysia), Uzcard ...

China UnionPay has signed a memorandum of understanding in which Korean card issuer Lotte Card Co. Ltd. will issue UnionPay-branded bankcards in South Korea, the companies announced Oct. 11 The ...

Forbes contributors publish independent expert analyses and insights. He recaps the top stories from the credit card and payment industries. Feb 23, 2023, 04:26pm EST This article is more than 2 years ...