Tagged: unionpay

Chinese Payment Platform UnionPay Reportedly Partners With Korea’s Danal to Introduce Virtual Pre-Paid Card for Travelers

UnionPay International (UPI), a China-based payment platform, has reportedly teamed up with Korean payment portal Danal to launch a new pre-paid card specifically for travelers. South China Morning Post reported that the pre-paid card will be accessible through Danal’s payment app, Paycoin Wallet, and will… Read More

UnionPay Teams Up With PayPal to Accelerate Digital Payments Growth

UnionPay International (UPI) announced on Thursday it has teamed up with PayPal (NASDAQ: PYPL) to accelerate the growth of their networks. According to UPI, PayPal has committed to supporting UPI acceptance globally where PayPal is accepted. Speaking about the partnership’s benefits, Jim Magats, Senior Vice… Read More

Wirecard Announces MoU With UnionPay

Germany-based global provider of digital payments and commerce solutions Wirecard announced on Monday it has signed an MoU with UnionPay to form a global strategic partnership. According to Wirecard, the new partnership will support UnionPay’s ongoing international expansion and Wirecard’s growth in China and with Chinese… Read More

China: WeiyangX Fintech Review

Baidu Partners With PayPal to Tap Cross-border Payments On July 28, Baidu annouced a strategic agreement with PayPal to tap oversea merchants as Chinese tech companies ramp up the fight for overseas payment partnerships. The partnership allows Baidu Wallet users to make online purchases outside… Read More

dLocal Adds WeChat Pay, AliPay & Union Pay To Portfolio of Emerging Market Payments

dLocal, a fintech company specializing in cross-border payments for emerging markets, announced on Monday it has integrated WeChat Pay, AliPay, and UnionPay to its payment platform. According to dLocal, the three providers have collectively captured over 70 percent of the Chinese market, which notably translated into 2.9… Read More

China: WeiyangX Fintech Review

CBRC Releases Documentation to Regulate Small Cash Loans Market This week, China Banking Regulatory Commission released a documentation “Guidelines on risk prevention and control in banking industry” to regulate the small cash loans market by perfecting the in-out mechanisms, paying more attention to the supervision… Read More

Now Available in China: Global Fintecher Payza Reveals New E-Wallet Options

Online payment platform Payza announced that its members in China can now utilize their Payza e-wallets using WeChat, UnionPay, and ePayLinks. Chinese Payza members may also now perform online transactions in Chinese Yuan Renminbi (CYR). The company has offered basic services in China since 2012, however, this is… Read More

China: WeiyangX Fintech Review

JD & UnionPay Cooperate to Create a “Wall Street + Silicon Valley” Fintech Mode On January 4th, China UnionPay and JD jointly announced a new partnership that JD would become a new member of UnionPay’s acquirer team. Both sides will give full play to their… Read More

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