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Increase in co-branding driving growth in international card schemes
Despite government backing of domestic schemes in some markets, cards are increasingly being co-branded with international card schemes due to customer desire for maximum acceptance, rewards and other benefits. This... read more
The post Increase in co-branding driving growth in international card schemes appeared first on Payments Cards & Mobile.
Unionpay signs agreement with Nets to expand acceptance across Nordics
UnionPay, the card scheme with the world’s largest cardholder base, has announced that it has signed a new market development agreement for the Nordics with Nets. The agreement will enable... read more
The post Unionpay signs agreement with Nets to expand acceptance across Nordics appeared first on Payments Cards & Mobile.
UnionPay accounts for 45% of global cards spending – Visa still on top
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.
Continued growth in China cements UnionPay as the world’s largest card scheme
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.
Money 2020: Tribe Payments launches with new UnionPay International service
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.
