Unionpay news and trends

UnionPay and TripLink Unveil Virtual Card for B2B Cross-Border Payments

October 10, 2023
b2b payments, b2b, global payments, cross border trade, technology, payments technology, innovation
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...

Russian-Built Payment System Capitalizes on Visa, Mastercard Exit
Credit Cards // 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 Ukraine, the Financial Times reported Wednesday (April 20). Get the Full Story Complete the form...

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
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, representing a 7% uptick compared to the previous year. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access […]

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...

UnionPay Debuts Self-Service Network for Merchants to Add Digital Yuan Options

March 29, 2022
UnionPay, China’s financial authorization service for secure transactions, is poised to launch a self-service platform for merchants who want to use the digital yuan (eCNY), CryptoNews.com reported, citing China National...