HSBC, Intel Form Cross-Border Partnership In China

By  |  January 2, 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.

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    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.

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