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
News
Sprint Faces CFPB Lawsuit Over “Cramming” Fees
News
Retail Associations Take Their Concerns To Capitol Hill
News
Almost Half Of Americans Have Been Sent Breach Notifications
Mobile Commerce
PayPal Exec Jumps To Facebook, But There’s More Going On Here
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
Alternative Financial Services
Mozido Acquires CorFire
News
Sprint Faces CFPB Lawsuit Over “Cramming” Fees
News
Retail Associations Take Their Concerns To Capitol Hill
News
Almost Half Of Americans Have Been Sent Breach Notifications
View All Articles ››