China UnionPay and Global Payments are climbing into bed. The two sides reviewed the progress of cooperation in the past few years and reached consensus on further expanding UnionPay cards acceptance worldwide and accelerating cooperation in innovative business.
UnionPay has cooperated with GP to carry out merchant acquiring business in 15 overseas markets. The two sides also cooperate in such fields as cross-border online payment and acceptance of UnionPay chip cards to optimize payment experience of UnionPay cardholders.
The Companyhopes the two sides will accelerate the process of enabling all merchants of GP to accept UnionPay cards, seek more cooperation opportunities in innovative business such as online payment, mobile payment and contactless acceptance for mutual benefit and win-win results.
GP is ready to enhance its cooperation with UnionPay International in such fields as merchant acquiring and innovative payment and deliver more products and services in line with market demands.
For data, background and forecasts on China Unionpay: Search CardWeb.com’s CardFlash® Library of more than 58,000 archived articles; Access CardWeb.com’s CardData® for current and historical Performance, Portfolios, Profiles, etc. Visit RAM Research® (ramresearch.com) for quarterly and annual forecasts covering more than 150 metrics. [complimentary or deeply discounted access to CardWeb.com subscribers].
Additional database resources include CardWeb.com’s CardExecs® – comings & goings of payments movers & shakers; CardWeb.com’s CardWatch® – ears & eyes on marketing globally (57K items); and CardWeb.com’s CardPixes® – form & function of card design (7K items).