Unionpay news and trends

Visa and UnionPay Partner on Cross-Border Money Movement Into Chinese Mainland

February 03, 2026
Visa UnionPay
UnionPay and TripLink Unveil Virtual Card for B2B Cross-Border Payments
B2B Payments // October 10, 2023

Global payment network UnionPay has partnered with FinTech company TripLink to introduce the UnionPay Virtual Commercial Card in Singapore. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter,...

EMVCo Reports 12.8 Billion EMV Chip Cards In Circulation
Payment Methods // August 10, 2023

According to data from EMVCo, the adoption of EMV Chip card technology is on the rise. By the end of 2022, 12.8 billion EMV® Chip cards were in global circulation, representing a 7% uptick compared to the previous year. Get the Full Story Complete the...

China’s UnionPay Issues More Than 200M Digital Cards
Digital Payments // December 30, 2022

UnionPay said it has issued more than 200 million cards outside the Chinese mainland. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS...

EMEA Daily: Instabox Raises $190M for Its Delivery Platform; Flow Your Money Picks Up 3.5M...
International // April 21, 2022

In today’s top Europe, Middle East and Africa (EMEA) news, Swedish delivery company Instabox has raised $190 million in growth equity, while money automation startup Flow Your Money brought in 3.5 million euros (about $3.8 million) to further help freelancers with money management. Get the...

Interviews & Exclusives
The Week In Payments: China, China, Challenger Banks And Bitcoin

January 31, 2020
If there were a theme in the big headlines this week in payments, financial services and commerce, it would have been movement. That theme was apparent in both sets of news reports out of China this week: with movement of both the best kind in the form of expanded commerce capacity and movement of the […]

This Week In Payments: Davos, China X-Border Commerce And Talk To (And Pay With) The...

January 24, 2020
While there was no shortage of goings on this week, the eyes and ears of the payments, commerce and finance enthusiasts were more likely trained on the goings on in...

Ingenico On The Complexity And Rewards Of China’s eCommerce Market

November 22, 2019
The headlines focus on trade wars, on tariffs, on shifting supply chains and on slowing GDP growth. Get the Full Story Complete the form to unlock this article and enjoy...

Flywire And UnionPay Expand Cross-Border Payments Partnership

June 14, 2018
The market for Chinese consumers in search of education and medical care in the United States and around the world is large – and growing. Get the Full Story Complete...

Quick Reads
Visa and UnionPay Partner on Cross-Border Money Movement Into Chinese Mainland

February 03, 2026
Visa clients around the world will soon be able to send cross-border remittances and business-to-consumer payouts to more than 95% of UnionPay debit cardholders in mainland China. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our […]

EMVCo Reports 12.8 Billion EMV Chip Cards In Circulation

August 10, 2023
According to data from EMVCo, the adoption of EMV Chip card technology is on the rise. By the end of 2022, 12.8 billion EMV® Chip cards were in global circulation,...

China’s UnionPay Issues More Than 200M Digital Cards

December 30, 2022
UnionPay said it has issued more than 200 million cards outside the Chinese mainland. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Russian-Built Payment System Capitalizes on Visa, Mastercard Exit

April 20, 2022
Russian and Chinese entities that provide alternatives to the dominant Visa and Mastercard payment networks may reap significant benefits from sanctions the West imposed in response to Russia’s invasion of...