UnionPay is bringing its mobile QuickPass platform to Canada, enabling a slew of merchants to accept its contactless payments without requiring a customer’s signature or PIN number, adding yet another ...

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

Russian banks aren't entirely shut off from credit cards following the departure of Visa and Mastercard from Russia, but the country's remaining options — including China UnionPay — are fraught with ...

This story was updated to clarify that the deal will not involve Paycoin, Danal's cryptocurrency UnionPay, China’s answer to Visa and Mastercard, has partnered with Korean payment provider Danal to ...

SHANGHAI, April 21, 2020 /PRNewswire/ -- UnionPay International (UPI) has launched a new Content & Service Platform (UCSP), establishing a "Pay+" digital ecosystem in partnership with global financial ...

China's UnionPay surpassed Visa for the first time in 2022, securing 40.03 percent of global debit card transactions, China Media Group (CMG) reported on Sunday, citing latest statistics compiled by ...

SHANGHAI, July 15, 2024 (GLOBE NEWSWIRE) -- In order to implement the Opinions on Further Optimizing Payment Services to Facilitate Payments by China's State Council and the arrangements of the People ...

(Bloomberg) -- PayPal Holdings Inc. is taking another step into the giant Chinese payments market, partnering with state-backed China UnionPay Co. in a move that could expand PayPal’s network in the ...

In another move solidifying its emboldened links with Chinese payments providers, PayPal Holdings Inc. announced Wednesday it will support UnionPay International in its digital wallet. Eventually, ...

The Shanghai-based payments powerhouse has cut deals with players like Discover and FIS to boost issuance and acceptance share. Meanwhile, U.S. companies’ welcome in China isn’t so warm. Get ready.