BEIJING, Aug. 31, 2020 /PRNewswire/ — On August 31, UnionPay launched its digital bankcard together with commercial banks, major mobile phone manufacturers, and key merchants and payment institutions. The process of card application and collection is completely digitalized, providing cardholders with a new generation of payment experience. The digital debit and credit card launched this […]

Vaulsys becomes a TPSP of UnionPay International DUBAI, UAE, July 28, 2020 /PRNewswire/ — UnionPay International and Vaulsys today announce their partnership: Vaulsys becomes a Third Party Service Provider (TPSP) of UnionPay International. The two parties will join force to support the UAE’s vision to further digitize the payment industry. Vaulsys is deploying its systems across two different continents in […]

BEIJING, April 23, 2019 /PRNewswire/ — On 23th April UnionPay International (UPI) signed cooperation agreements with mainstream institutions from Indonesia, Lao, Thailand, The UAE, and Uzbekistan in Beijing, involving both the traditional and digital issuance of UnionPay cards, and the construction of bank card local payment networks. Meanwhile, UPI also announced that the first major […]

SHANGHAI, Oct. 18, 2018 /PRNewswire/ — UnionPay International announced today that the number of UnionPay cards issued outside the Chinese Mainland has exceeded 100 million. The volume of transactions made with these overseas-issued UnionPay cards has grown by over 40% during the first three quarters of this year. In some markets outside mainland China, over […]