China UnionPay (CUP) and China Construction Bank (CCB) have entered Russia with two UnionPay CCB debit cards.The new debit cards issued take Ruble and US dollar as the settlement currency, respectively.
Influenced by the devaluation of the Ruble, Russia recently becomes one of the hot destinations of Chinese tourists. During the Spring Festival, the transaction volume through UnionPay cards has witnessed a substantial growth.
In cooperation with banks, UnionPay International has already issued multiple types of UnionPay cards including UnionPay platinum card and gold card to cater to the needs of local cardholders.
Like all other UnionPay cards, the cards can be used at the global UnionPay acceptance network across more than 150 countries and regions. In China, they are accepted by POS terminals of almost all merchants as well as by all ATMs. Currently, UnionPay cards are accepted by more than 100,000 POS terminals and more than 30,000 ATMs in Russia, which are located in large malls, supermarkets, restaurants, duty free shops and other daily consumer places in major cities including Moscow and St. Petersburg.
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