FRIDAY, April 26, 2024
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UnionPay claims 41 million merchants worldwide use it cards

UnionPay claims 41 million merchants worldwide use it cards

Latest data shows more than 41 million merchants and over two million ATMs across 160 countries and regions accept UnionPay cards, the company claimed.

 
Over 10 million online merchants based outside mainland China support UnionPay Online Payment, it said.
UnionPay International offers payment services to both Chinese tourists and global travellers. 
“When improving its acceptance environment, UnionPay International is taking the preferences and payment habits of overseas customers into consideration, providing secure and convenient payment services for various groups of cardholders,” the company said in a press released.
It said it has realszed “100 per cent” acceptance in Hong Kong, Macau, Mongolia, Cuba and the UAE. In Northeast and Southeast Asia, over 70 per cent of merchants accept UnionPay, it said, adding that in the US over 80 per cent of merchants accept UnionPay credit cards, while half of the merchants accepting bank cards in Europe accept UnionPay.
It said that with over 70 million UnionPay cards issued in 40 countries and regions, more types of merchants are accepting UnionPay cards. These merchants not only include duty-free stores, shopping centres and hotels, but also include featured restaurants, entertainment establishments and public transports. For instance, in Singapore, cardholders can pay with UnionPay cards at supermarkets, cinemas, gas stations and in taxis, the company said.
UnionPay said of the more than 10 million online merchants based outside mainland China using its service, it not only meets cardholders' cross-border shopping demands but also provides featured services in airline ticket bookings and tuition payments.

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