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New research shows that spending on payment cards continues to grow strongly, expenditure rose by 13% to reach $35 trillion in 2019. There were a number of factors driving this... more

The post UnionPay accounts for 45% of global cards spending – Visa still on top appeared first on Payments Cards & Mobile.

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New research shows that there were 16 billion payment cards in circulation at the end of 2018, up by 10% since a year earlier. The research indicates that financial inclusion initiatives... more

The post Continued growth in China cements UnionPay as the world’s largest card scheme appeared first on Payments Cards & Mobile.

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Tribe Payments launched today and has already achieved a key milestone with UnionPay International. Tribe is among the first issuer processors in Europe to be certified to allow banks to... more

The post Money 2020: Tribe Payments launches with new UnionPay International service appeared first on Payments Cards & Mobile.

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Barclaycard, which processes nearly half of the UK’s credit and debit card transactions, has announces a new card acceptance partnership with UnionPay International, a subsidiary of China UnionPay. The deal... more

The post Barclaycard and UnionPay payment acceptance partnership in UK appeared first on Payments Cards & Mobile.

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AliPay, Alternative Payments (APMs), blockchain, China’s mobile payments, Chinese payments industry, cryptocurrencies, Daily news, digital ID, E-Commerce, E-Money, FinTech, GDPR, Identity, Mobile Banking, Mobile payments, Mobile Wallet, new payments technologies, Regulation, UnionPay, US mobile payments -

The development of the Chinese payments industry in recent years has been breathtaking. Here are a few proof points: China’s mobile payments sector dwarfs the US. In 2017, China saw... more

The post All eyes East: Will China dominate payments innovation? appeared first on Payments Cards & Mobile.

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