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

Money

Visa to block China UnionPay int'l transactions

(Agencies)
Updated: 2010-06-03 11:19
Large Medium Small

Visa to block China UnionPay int'l transactions

UnionPay and Visa logos are illustrated on a giant model of a bank card. [File photo / CFP]

SHANGHAI: Visa International?has asked its global financial member institutions to stop international transactions through the China UnionPay system from Aug 1 amid intensifying competition in the sector, the official China Securities Journal reported on Thursday.

China UnionPay, the nation's sole bank card processor, has been stepping up international expansion in recent years, fuelling tensions with global credit card companies such as Visa, MasterCard Inc?and American Express Co, which are banned from China's bank card market.

No visa card transactions outside the mainland, including ATM cash services or card payments, should go through the UnionPay system. If they do, member institutions will be fined, the report said, without providing further details.

Calls to Visa offices in the United States were unanswered.

Related readings:
Visa to block China UnionPay int'l transactions UnionPay to build up network overseas 
Visa to block China UnionPay int'l transactions UnionPay expands to 5 more Asian countries 
Visa to block China UnionPay int'l transactions 
Cross-bank card transactions up 47% during Spring Festival
Visa to block China UnionPay int'l transactions China's bank card spending up 31% in 2009

A China UnionPay spokesperson told the newspaper Visa had no right to restrict payment channels.

China UnionPay President Xu Luode told Reuters in an interview last November that the company, set up with the help of China's central bank, aimed to become a globally competitive brand, riding China's rising influence, but downplayed challenges to foreign players.

Seven-year-old UnionPay, benefiting from its monopoly status in China, is already the second-biggest brand in the Asia Pacific region in terms of transaction volume, beating 40-year-old MasterCard and lagging only 50-year-old Visa, according to the Nilson Report, an industry publication.

The United States has talked with US credit card companies about barriers they face in China and is considering the best steps to crack open that market, US Trade Representative Ron Kirk said on March 26.

主站蜘蛛池模板: 超碰99在线观看 | 成人涩涩小片视频日本 | 国内精品久久久久久久久久 | 国产一二三区在线 | 日韩专区第一页 | 最新中文字幕在线视频 | 神马久久久久 | 欧美综合影院 | 亚洲成人播放 | 免费观看毛片视频 | 色综合视频在线观看 | 黄色a视频 | 久久99热精品 | 91在线资源 | 91免费视频国产 | 欧美成人高清在线 | 亚洲欧洲精品视频 | 一区二区视频网站 | 久久久久久久麻豆 | 91视频麻豆 | 开心激情综合网 | 2018天天操 | 亚洲欧美91| 亚洲成av人影院 | 成人欧美一区二区三区黑人免费 | 亚洲专区免费 | 亚洲免费二区 | 网站黄色在线观看 | 色网在线观看 | 欧美做受高潮6 | 久久精品第一页 | 一本之道av | 青青草久 | 色婷婷丁香 | 亚洲一级黄色 | 香蕉短视频 | 久久国产热 | 天天插日日操 | 欧美极品jizzhd欧美 | 亚洲免费av一区二区 | 天天爽夜夜|