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China UnionPay Co Yen for debit cards

Business | Banking
2009-11-19

CHINA UnionPay Co yesterday teamed up with the Bank of China to issue Japanese yen-denominated UnionPay-standard debit cards in Japan, UnionPay said yesterday. The card can also be accepted in China and UnionPay's...

Taiwan readies for UnionPay

Business | Banking
2009-8-7

CHINA UnionPay Co has signed an agreement with a Taiwan partner to make UnionPay bank cards acceptable on the island to smooth payment from Chinese mainland visitors, the company said yesterday. Shanghai-based...

UnionPay extends card reach

Business | Banking
2009-8-4

CHINA UnionPay Co is going all out to expand the bank card network in second-tier cities to boost bank card-based consumption, the country's sole bank card transaction clearing house said. The new point-of-sale...

UnionPay cards to be allowed for purchases in Taiwan

National
2009-7-17

CHINESE mainland tourists will be allowed to use China UnionPay bank cards in Taiwan soon, the island's Financial Supervisory Commission said. FSC announced the plan in newly revised regulations governing financial...

Bank card use rises

Business | Banking
2009-5-5

CHINA UnionPay Co yesterday said onshore bank card-based transactions rose 46 percent during the three-day May Day holiday nationwide as consumers spent. Offshore bank card transactions also rose 53.5 percent from...

UnionPay in NY

Business | Banking
2009-5-1

CHINA UnionPay Co has set up a branch in New York, its first branch in North America, the company said yesterday. The New York branch is UnionPay's seventh overseas branch. The country's sole bank card transaction...

UnionPay's ATM expands in Middle East, Africa

Business | Banking
2009-4-25

CHINA UnionPay's automatic teller machine (ATM) network has expanded to 61 countries and regions after it recently started service in nine Middle East and African countries, the company said yesterday. The nine...

Frequent card use signals positive sign

Business | Banking
2009-4-10

CHINESE consumer confidence in major cities is recovering, China UnionPay Co said yesterday, citing an index based on bank card transactions. The Bankcard Consumer Confidence Index tracks transactions of frequent...

Index shows consumer confidence recovering

Business | Banking
2009-4-9

CHINESE consumers are recovering confidence, China UnionPay Co said today, citing an index based on bank card transactions. The index, the Bank Card Consumer Confidence Index, tracks bank card transactions in nine...

Ningxia branch

Business | Banking
2009-2-18

CHINA UnionPay Co has set up a branch in the Ningxia Hui Autonomous Region, its 36th in China, to expand the bank card business there, the Shanghai-based company said yesterday.