Browsing Tag
China UnionPay
2 posts
Visa finally gets closer to China’s domestic payments market, but UnionPay competition poses a major test
Visa Inc. has received preliminary approval from the People's Bank of China to establish a domestic bankcard clearing institution, advancing a long-running effort to enter China's local payments market while leaving the company with significant licensing and competitive hurdles.
October 14, 2026
UnionPay International launches global payment program for international students
UnionPay International launches a global program streamlining tuition, rent, and spending payments for international students across 183 countries.
September 18, 2025