This week, global luxury brands have seen their stock prices take a sharp hit as reports emerge that a coronavirus with origins in China’s Wuhan region is spreading rapidly and has made its first appearance on U.S. shores. Burberry, LVMH, Richemont and Gucci owner Kering had...
PayPal and UnionPay International (UPI) said Wednesday (Jan. 22) that they have struck a global partnership to grow their networks and accelerate the adoption of digital payments — especially in cross-border commerce. In an announcement, the firms said PayPal is committed to supporting UnionPay acceptance...
Welcome to The Axis, your late look at payments news from around the world. Coverage includes Motion Pay Technology Inc.’s tie-up with UnionPay International to offer quick-response (QR) payments in Canada. uBUCK Technologies, a subsidiary of Canada’s LiteLink Technologies Inc., is intending to work with Datable...
Welcome to The Axis, your late look at payments news from around the world. Coverage includes Standard Chartered Bank’s unveiling of instant digital credit issuance in Singapore. In addition, Google has debuted a rewards points program for Google Play customers in South Korea, and UnionPay International...
January 23, 2020
This week, global luxury brands have seen their stock prices take a sharp hit as reports emerge that a coronavirus with origins in China’s Wuhan region is spreading rapidly and has made its first appearance on U.S. shores. Burberry, LVMH, Richemont and Gucci owner Kering had all seen their shares fall by between 1.9 percent and […]
December 15, 2023
UnionPay International (UPI) partnered with online travel agency (OTA) Trip.com to enhance the payment experience for UnionPay cardholders. The collaboration will expand online acceptance and meet the payment needs of travelers in major markets, the companies said in a Friday (Dec. 15) press release. The tie-up covers all major transaction currencies on Trip.com’s global sites […]
January 22, 2020
PayPal and UnionPay International (UPI) said Wednesday (Jan. 22) that they have struck a global partnership to grow their networks and accelerate the adoption of digital payments — especially in...
June 27, 2018
UnionPay International is partnering with Bank of China’s Canadian unit to launch its QR code payment service in Canada. According to a report in Verdict, all of the Foodymart stores...
May 10, 2017
Mastercard, UnionPay International and Visa have introduced a Standardized Quick Response (QR) Code for payments, accelerating Thailand’s transition to a cashless society. According to a press release, consumers holding a Mastercard,...
