HSBC, Intel Form Cross-Border Partnership In China

What's Next In Payments®
4:16 PM EST January 2nd, 2013

UnionPay’s share of the global credit and debit card transaction volume for the first half of 2012 was 23.8 percent, placing it second in the world behind Visa, according to Bloomberg.

UnionPay now also reaches around the same number of U.S. merchants as Visa and MasterCard thanks to a deal with Discover, and also maintains a strong market lead in China.

Read the full story here.

Comments
Also by This Author
What's Hot
Merchant Innovation
“Shazam for Fashion” Launches Stylist App
News
Samsung’s Double-Barrel Galaxy S6 Launch
News
Consumers Go Mobile For Smart-Device Research
Merchant Innovation
Will Half Of All Americans Be Amazon Prime Customers By 2020
View All Articles ››
You May Also Like
Company Spotlight
Different mPOS Strokes for Different mPOS Folks
International
Digital River Offers A Sneak Peak At Mobile eCommerce Trends
Mobile Commerce
Trustwave Buys Cenzic To Beef Up App Testing Capability
Cool
The Shortlist – Get To Know Them Today, You’ll Be Talking About Them Tomorrow
B2B Payments
B2B Meets The Cloud: The Evolution of Payments
B2B Payments
ING Boosts B2B E-Payment Services with Basware
B2B Payments
Wonga Chooses Buyer for Nixed Business Lending Unit
View All Articles ››