China UnionPay (CUP) and Visa inked a Memorandum of Understanding (MOU) in Shanghai with both parties agreeing to collaborate on payments security, innovation and financial inclusion. The MOU provides an important platform for CUP and Visa Inc., two world-leading payments networks, to work together to strengthen and create new value for the bank card ecosystem…
UnionPay International and Dubai Tourism has announced their partnership in Shanghai, agreeing to jointly enhance the payment convenience in Dubai for UnionPay cardholders through resource sharing and advantage complementing. With this cooperation, the two sides jointly launch a marketing campaign for UnionPay cards (card number starting with 62) at over one hundred merchants in Dubai.…
The number of Chinese consumers shopping U.S. brands online over the holiday season has increased 7 times over last year. Total sales from China-based consumers purchasing U.S. products through Alipay ePass increased 15 times versus last year.
China’s UnionPay has become the only international bankcard association offering Chinese Visa application VIP express service. UnionPay cardholders can apply at the Chinese Visa Application Service Centers in five cities in Australia, namely Sidney, Melbourne, Canberra, Brisbane and Perth. This service will substantially shorten the processing time, and will soon be rolled out in some of the other countries where UnionPay cards have been issued.
Brussels-based GSMA commends the European Commission’s recent announcement that the adoption of key implementing acts of the Electronic-identification and trust service (eIDAS) Regulation is now complete. The European Union is the first and only region in the world that now has a workable and balanced legal framework for cross-border use of electronic identification (eID) and trust services, enabling consumers and businesses to safely access services and undertake transactions online.
Toronto-based GreenCoinX has formed an Advisory Board to assist in the further development of GreenCoinX, the world’s first identifiable crypto currency. GreenCoinX identifies users and facilitates the collection of user defined optional taxes by worldwide governments.
About three dozen new merchants, ranging from Best Buy and Under Armour to Barnes & Noble and Taco Bell in the US, have signed on to offer Visa Checkout. New merchants from Australia, Canada and Columbia have jumped on the rapidly expanding bandwagon.
San Diego-based iWallet has linked up with NEXT Biometrics Group ASA to introduce a turnkey biometric identification solution, iWallet Password, based on NEXT Biometrics’ NB-3010-U ergonomic USB desktop fingerprint reader, a ready-to-use peripheral with USB interface designed to entirely replace passwords when logging into notebooks and tablets.
The NFC Forum announced new Associate, Implementer, and Non-Profit members from around the world. Representing industries as diverse as automotive electronics, digital imaging, microelectronics, and asset management, the 19 new members include organizations based in Austria, Belarus, China, Japan, South Korea, Taiwan, and the United States.
Geoswift, Western Union Business Solutions and UnionPay International launched a promotion wherein UnionPay will pay for medical insurance coverage for eligible students that process tuition payments through their payment network.
Gemalto has buddied up with China’s ZTE to showcase Gemalto’s LinqUs On-Demand Connectivity (ODC) subscription management solution on ZTE smartphones, at Mobile World Congress Shanghai.
U.S prepaid king Green Dot announced the official opening of Green Dot Shanghai Software Technology. “Green Dot Shanghai” is a new wholly-owned subsidiary of Green Dot Corporation that is located in the Zhangjiang Hi Technology Park in the Pudong district of Shanghai.