Tag Archives: China UnionPay

Swatch updates mobile-payment watches for China, linking with UnionPay to keep sales ticking

By | July 20, 2017

Swatch Group, which claims to be the world’s largest watch maker, has launched the second generation of its chip-embedded devices that can be used for mobile payments in China, after teaming with UnionPay to offer “Swatch Pay”. The new watches can be linked with credit cards issued by 11 partner banks – including Bank of China, Industrial and… Read More »

UnionPay Leading The Pack In The Global Card Market

By | July 17, 2017

Mastercard and Visa are losing market share to UnionPay when it comes to the global cards market. That’s according to new research from RBR, which announced news in a press release late last week that the global card market has increased to 14 billion cards and that UnionPay is becoming the largest payment scheme. According to RBR, the number of… Read More »

Pakistan – Askari Bank, UnionPay sign agreement for debit card issuance

By | June 13, 2017

BEIJING: Askari Bank Limited (AKBL) and UnionPay International, one of the world’s largest payment schemes, has entered into an agreement to issue UnionPay QuickPass (NFC) and EMV Chip Cards in Pakistan.  The initiative will allow AKBL customers to enjoy convenience of contactless payments ‘TAP & GO’ while keeping the payments safe and secure.  The agreement would allow AKBL… Read More »

UnionPay Signs Agreement with DIBP for NFC, EMV Card

By | March 18, 2017

UnionPay International, the Global Leading Payment Network and Dubai Islamic Bank Pakistan (DIBP), Pakistan’s premier banking institution have entered into a historic agreement to issue UnionPay QuickPass (NFC) and EMV Chip Cards in Pakistan. With this initiative, DIBP will become the first Islamic bank in Pakistan to issue UnionPay QuickPass (NFC) enabled cards to its customers that allow… Read More »