UnionPay, established in 2002, is the only bankcard association in China.
• The number of issued cards reached 3.9 billion.
• Transaction volume in 2013 reached 5.3 trillion US dollar.
• Behind us is a group of 700 million cardholders.
What type of products does UnionPay offer?
PIN Debit Card, Credit Card and UPOP (on-line payment solution)
How to accept UnionPay?
UnionPay PIN-based debit cards and credit cards are accepted on Elavon network.
Global Cards in Circulation Credit & Debit 2012
What is the benefit to accept UnionPay?
Almost every Chinese tourist takes UnionPay card to US. Tourist arrivals from China are forecast to grow by nearly 200% over the next 5 years, eclipsing arrivals from both France and Germany by 2016.
According to the US Department of Commerce, the average amount spent by a foreign tourist on a trip to the United States is US $4,000. The average spent by a tourist from meanwhile is US $6,200 - and this amount does not even include the money spent by Chinese tourists on transportation, hotels and restaurants.
How do we help you boost revenues?
• Advertisement opportunities through our very powerful marketing channels which include 400 cooperative institutions around the world, top 30 travel agencies in China, Chinese online media and UnionPay in-house marketing channels.
• On-site acceptance training
• UnionPay signage provided per request. We provide various signage options for a merchant to choose. UnionPay signage, a warm welcome sign for Chinese tourists.
• Joint promotion opportunities with UnionPay global campaign.