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: 波多野结衣一区二区三区在线观看 | 18岁成年人网站 | 亚洲美女性视频 | 中国毛片直接看 | 久久国内精品视频 | 欧美国产一级 | 热久久国产精品 | 黄色在线免费 | 成人在线免费看片 | 黄色片一区 | 在线不卡中文字幕 | 日韩一区二区精品视频 | 亚洲最大av网站 | 日韩成人高清 | 欧美第一页 | 天天综合色网 | 黄色av免费观看 | 91视频免费网站 | 黄色激情在线观看 | 国产精品video| 日本一区二区三区精品视频 | 日本在线精品视频 | 亚洲婷婷av | 久久中国 | 国产欧美91 | 小嫩女直喷白浆 | 欧美午夜在线 | 日韩成人福利 | 五月婷婷在线观看视频 | 三毛片 | 日本一区二区三区视频在线观看 | 91在线免费视频观看 | 日韩和的一区二区 | 日韩欧美一级 | 四虎视屏 | 午夜精品一区二区三级视频 | 日本天堂视频 | 午夜在线观看视频 | 国产精品成人自拍 | 日韩网站在线观看 | 日韩一级黄色 |