China UnionPay has inked a deal with Simon Malls to provide its cardholders with exclusive privileges in four Premium Outlets in New York, Los Angeles, San Francisco, and Las Vegas starting today.
UnionPay cardholders can get a VIP Coupon Book worth US $10 at the service center of Woodbury Premium Outlets, Las Vegas Premium Outlets (North), Desert Hills Premium Outlets, and the Livemore Premium Outlets, which contains discount coupons with a total value of over US$1,000. Each UnionPay card can be redeemed for one coupon book only. There are more than 200 merchants in each of the four outlets on average, with over 90% of them accepting UnionPay cards.
The offer is good through March 31, 2016.
Currently, UnionPay cards are accepted by over 80% of merchants across the US, especially in cities frequently visited by Chinese tourists. Cardholders not only can make signature-based payments with UnionPay credit cards in these merchants but also can make PIN-based payments with UnionPay debit cards in some of the merchants with PIN pads. Over 90% of ATMs in the US accept UnionPay cards for cash withdrawal and many of them provide convenient Chinese interfaces. In addition, UnionPay card cross-border online payment service has been enabled in some major e-commerce merchants in the US including eBay, Amazon and its subsidiary Shopbop.
More than 2.2 million tourists visited America in 2014, up by 200% over the past 5 years. With the Sino-US reciprocal visa policy signed at the end of 2014 to grant each other’s citizens a business or tourist visa with a maximum validity of 10 years compared to the previous 1 year, spending by Chinese tourists visiting the US is expected to see continuous growth.
To better serve cardholders, more and more UnionPay card exclusive privileges are offered in the US, such as a previous campaign featuring discounts at 80 global airport duty-free shops launched by UnionPay International in March which covers 11 well-known duty-free shops at 10 international airports in the US and provides at least 5% exclusive discount for paying with UnionPay cards.
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