WorldPay became the first acquirer to offer U.S. and European merchants access to e-commerce opportunities in China, a company release issued this week explained.
WorldPay is able to connect merchants to China through a new partnership with China UnionPay, the Asian nation’s only domestic bank card organization.
“China is rapidly overtaking many nations to become one of the biggest spending powers in the world,” said WorldPay CEO Ron Kalifa in the firm’s release. The full statement is available online.
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