UnionPay

UnionPay, also known as China UnionPay or by its abbreviation, CUP or UPI internationally, is a Chinese financial services corporation headquartered in Shanghai, China. It provides bank card services and a major card scheme in mainland China.

Source: unionpayintl.com

UnionPay and TripLink Unveil Virtual Card for B2B Cross-Border Payments
UnionPay and TripLink Unveil Virtual Card for B2B Cross-Border Payments
October 10, 2023  |  B2B Payments

Global payment network UnionPay has partnered with FinTech company TripLink to introduce the UnionPay Virtual Commercial Card in Singapore. This collaboration aims to address the cross-border payment needs of...

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EMVCo Reports 12.8 Billion EMV Chip Cards In Circulation
EMVCo Reports 12.8 Billion EMV Chip Cards In Circulation
August 10, 2023  |  Payment Methods

According to data from EMVCo, the adoption of EMV Chip card technology is on the rise. By the end of 2022, 12.8 billion EMV® Chip...

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China’s UnionPay Issues More Than 200M Digital Cards
China’s UnionPay Issues More Than 200M Digital Cards
December 30, 2022  |  Digital Payments

UnionPay said it has issued more than 200 million cards outside the Chinese mainland. The Shanghai-based card acceptance company announced the milestone Friday (Dec. 30),...

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EMEA Daily: Instabox Raises $190M for Its Delivery Platform; Flow Your Money Picks Up 3.5M Euros in Seed Funding
EMEA Daily: Instabox Raises $190M for Its Delivery Platform; Flow Your Money Picks Up 3.5M...
April 21, 2022  |  International

In today’s top Europe, Middle East and Africa (EMEA) news, Swedish delivery company Instabox has raised $190 million in growth equity, while money automation startup...

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Russian-Built Payment System Capitalizes on Visa, Mastercard Exit
Russian-Built Payment System Capitalizes on Visa, Mastercard Exit
April 20, 2022  |  Credit Cards

Russian and Chinese entities that provide alternatives to the dominant Visa and Mastercard payment networks may reap significant benefits from sanctions the West imposed in...

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UnionPay Debuts Self-Service Network for Merchants to Add Digital Yuan Options
UnionPay Debuts Self-Service Network for Merchants to Add Digital Yuan Options
March 29, 2022  |  Digital Payments

UnionPay, China’s financial authorization service for secure transactions, is poised to launch a self-service platform for merchants who want to use the digital yuan (eCNY),...

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Russian Banks Look to China’s UnionPay to Issue Cards
Russian Banks Look to China’s UnionPay to Issue Cards
March 06, 2022  |  International

Numerous Russian banks have said they plan to begin issuing cards using the Chinese UnionPay card operator system, combined with the Mir network from Russia,...

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UnionPay, VNPAY, ECPay Bringing Contactless QR Code Payments to Vietnam
UnionPay, VNPAY, ECPay Bringing Contactless QR Code Payments to Vietnam
December 28, 2021  |  International

Card acceptance firm UnionPay is collaborating with financial services company VNPay and payments platform ECPay to give shoppers in Vietnam the ability to make contactless...

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EMEA Daily: Poland to Investigate Apple Privacy Changes, UK BNPL Firm Bumper Snags $12M Fundraise
EMEA Daily: Poland to Investigate Apple Privacy Changes, UK BNPL Firm Bumper Snags $12M Fundraise
December 13, 2021  |  International

In today’s top Europe, Middle East and Africa (EMEA) news, Poland investigates Apple; a U.K. buy now, pay later (BNPL) startup for car repairs snags...

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