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Tag: UnionPay

Retail Asia21/04/2016
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Electronics

Gemalto launches applet for UnionPay wearables

1min0
Gemalto has launched a secure element based applet for smart wearables developed by China UnionPay (CUP). CUP had launched smart wearables with embedded secure elements based payment applications last year. The payment applet runs on the secure element, to provide online and offline payment capabilities on wearables. This is expected to eliminate the need for […]
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Retail Asia08/04/2016
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E-Tailing

Samsung Pay China goes live

2min0
Samsung Pay China is live after being launched by the South Korean smartphone giant this week. Samsung Electronics said Tuesday the introduction of the Samsung Pay China mobile payment service will speed its efforts to expand the scope of its flagship mobile payment platform globally. The South Korean tech company said Chinese users of high-end […]
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Retail Asia01/04/2016
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Finance

Malaysia Airports partners with Union Pay to boost Chinese spend

7min
The Commercial Division of Malaysia Airports Holdings Berhad is collaborating with UnionPay International to boost Chinese tourist spending at its airports. The move is said to be in line with Malaysia Airports’ Commercial Division’s new strategic direction which calls for a targeted passenger focus. According to Malaysia Airports Holding Senior General Manager Commercial Services Berhad […]
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Retail Asia28/03/2016
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Finance

UnionPay now in Thailand

4min
While the company’s success up to now has relied on the huge domestic home market in China – which accounts for 99 per cent of all UP credit cards issued – this could be about to change. UnionPay is setting its sights on global expansion and intriguingly Thailand is the catalyst which will help make […]
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Retail Asia11/02/2016
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E-Tailing

UK retailers fail to capitalise on burgeoning e-commerce in China

4min
‘Retailers are falling short in serving both Chinese shoppers and others overseas by not providing the seamless shopping experience they offer here in the UK’ Although 71% of the UK’s largest online retailers are selling internationally, almost half (45%) are completely ignoring China’s burgeoning e-commerce market, new research has found. China’s total e-commerce market is […]
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Retail Asia02/02/2016
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E-Tailing

Smartphones outpace tablets in Asian eCommerce

3min
For the first time, 34 per cent of browser-based online transactions globally are now made on a mobile device, compared to slightly more than 30 per cent last quarter. And smartphones are starting to outpace tablets. These were key findings of the fourth quarter edition of the Mobile Payments Index by Global payments technology company […]
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Retail Asia29/01/2016
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E-Tailing

2C2P helps Myanmar revolution

6min
Southeast Asia payments company 2C2P of Singapore, with its Burmese founder and CEO Aung Kyaw Moe, has taken a step to modernise Myanmar’s economy with the country’s first co-branded debit card so its citizens can shop with international merchants. The new UnionPay and Myanmar Payments Union (MPU) co-branded debit card is being introduced along with […]
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Retail Asia04/12/2015
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E-Tailing

Apple Pay China launch slated for February

1min
Tech giant Apple will launch its mobile payment system Apple Pay in China by early February, according to a report in the Wall Street Journal. Citing people familiar with the discussions, the newspaper says Apple has reached agreement with China’s four state-run banks to clear the way for the payment system to be used via […]
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Retail Asia16/11/2015
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E-Tailing

New rules will ‘wipe out’ Chinese online payment agents

5min
New regulations proposed by the Chinese government will deliver an immediate boost to state-ownedChina UnionPay, potentially forcing its smaller Chinese online payment agents out of business. The ‘Method of Network Payment Service Management for Third-Party Payment Agents’, proposed in August 2015, is set to restrict consumers’ daily and annual spending on online purchases through private […]
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Retail Asia29/09/2015
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Living

Korea set to woo back Chinese tourists

5min
South Korea’s retail and tourism industries are preparing a slew of promotional and cultural events to woo back Chinese tourists during a long-haul holiday season, pinning their hopes on making up for a summer slump in the wake of a viral respiratory illness, sources say. Since the first outbreak in late May, Middle East Respiratory […]
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Retail Asia23/09/2015
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General

Lawson to accept UnionPay

2min
Japanese retailer Lawson has installed 1000 ATMs in a new network to help Chinese tourists access their cash via UnionPay cards. And from September 24, customers will be able to pay for purchases using UnionPay credit cards at all Lawson stores in Japan – that’s 12,195 stores, trading under the Lawson, Natural Lawson and Lawson […]
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Retail Asia20/08/2015
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E-Tailing

UnionPay partners with Latitude19

2min
Latitude19 Technology says its internet payment gateway is now registered with UnionPay Online Payment, a service for eCommerce transactions that enables UnionPay cards to be accepted over the internet with real-time transaction authorisation. The service brings the convenience of transacting over the internet to all Issuers, Acquirers, Merchants, and UnionPay cardholders in a simple and secure […]
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Retail Asia17/04/2015
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E-Tailing

TNS paves way for UnionPay global growth

4min
Retailers globally stand to benefit from a new alliance making its easier for Chinese to shop with their UnionPay cards. Transaction Network Services (TNS) has launched a new global card scheme gateway which will enable merchants and banks to quickly and easily connect with UnionPay for authorisation and processing of in-store payment transactions. Banks, processors and […]
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Retail Asia24/03/2015
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E-Tailing

UnionPay in giant duty free pact

3min
UnionPay International has launched a privilege program featuring special discounts at 80 duty free shops in 70 airports by partnering with 16 world-renowned duty free groups. Holders of UnionPay cards with a number starting with 62 can receive discounts of at least five per cent during their international travels. “As China becomes the world’s second […]
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Retail Asia04/03/2015
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E-Tailing

UnionPay, Travelex launch NiHao card

3min
Rev Worldwide  and foreign exchange specialist Travelex have launched a new prepaid card for Chinese tourists called Travelex NiHao Card. The reloadable prepaid travel card will work in association with UnionPay International. The Travelex NiHao Card is an instant-issue reloadable UnionPay prepaid product now available over the counter at all Travelex branch locations throughout Hong […]
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