日批在线视频_内射毛片内射国产夫妻_亚洲三级小视频_在线观看亚洲大片短视频_女性向h片资源在线观看_亚洲最大网

US EUROPE AFRICA ASIA 中文
Business / Industries

Global role for UnionPay on the cards

By CECILY LIU (China Daily) Updated: 2015-07-06 10:07

Global role for UnionPay on the cards

China UnionPay is aiming to build a global bank card, issued and used in countries throughout the world. [Photo/China Daily]

China UnionPay is aiming to build a global bank card, issued and used in countries throughout the world.

"Our ambition is for UnionPay to serve customers worldwide," said Ge Huayong, chairman of China UnionPay and UnionPay International.

"As a young company, we're still in the process of realizing this ambition, but we are growing fast."

He was talking to the media after a speech to about 200 industry experts at the Shanghai City Campaign Forum at the Milan Expo on June 10.

During the event, he signed an agreement with Cartasi SpA, an Italian credit card issuer, a deal he said is an example of China UnionPay's international development strategy to expand its customer base through partnerships with local companies in Europe, and in the process recruit European customers.

China UnionPay was founded in 2002 to enable cross-city, inter-bank transactions on cards issued by China's commercial banks. The proportion of all card-based spending to total retail sales rose from 2.7 percent before UnionPay's inception to 47.7 percent in 2014.

The company began to expand internationally in 2004 and founded UnionPay International, which has built partnerships with more than 300 institutions worldwide. Today, the company's cards are accepted in more than 150 countries and regions, and roughly 5 billion UnionPay cards have been issued globally.

According to the company, one key market has been South Korea, where one in five people have a UnionPay card. In Pakistan and Laos, its cards have been issued to customers for many years and have become the most recognized payment card. And in the United States, more than 90 percent of ATMs and more than 80 percent of retailers accept UnionPay.

These achievements have not come easily, considering the company is up against fierce competition from Visa Inc and MasterCard Inc, Ge said.

"UnionPay International is not a truly international payment card company because overseas transactions still only account for 2 to 3 percent of our overall transactions, but we have an advantage to expand fast because the Chinese economy is growing rapidly, so we are growing fast," he said.

UnionPay International's overseas expansion strategy has two models: One focused on developing economies, the other on mature economies.

In developing economies, UnionPay International can use its expertise in the payment field to help its partners develop infrastructure, he explained. When the infrastructure is built, the company's cards can easily be used by those systems.

Previous Page 1 2 Next Page

Hot Topics

Editor's Picks
...
主站蜘蛛池模板: 日韩久久久精品 | www.天堂在线| 在线欧美亚洲 | 成人亚洲一区 | 日韩中文字幕国产 | 色av中文字幕 | 免费播放av | 午夜亚洲视频 | 久久久久久影视 | 九九五月天| 爱爱视频天天干 | 超碰97在线免费观看 | 久草资源在线视频 | 欧美一区二区三区四区五区 | 日韩一区二区三区四区 | 日韩特黄一级片 | 国产激情视频 | 国产免费91 | 午夜中文字幕 | 日韩亚洲视频 | 亚洲伊人精品 | 一区二区视屏 | 99成人在线 | 新91视频在线观看 | 开心色婷婷| 亚洲一区二区在线视频 | 国产女18毛片多18精品 | 国产免费成人av | 日韩一级大片 | 精品国产一区二区三区在线观看 | 亚洲色图19p | 精品日韩一区二区三区 | 黑人一级黄色片 | 国产精品99久久久久 | 亚洲一区二区三区在线看 | 嫩草在线观看视频 | 亚洲综合干 | 国产精选久久 | 久久久精品网 | 久久亚洲免费视频 | 一区二区三区在线观看免费 |