China UnionPay is China’s sole bankcard organization and it is proudly accepted by over 170 thousand ATMs and 1.18 million merchants in China. It is a trusted payment card around the globe, with three out of every ten bankcards in the world belonging to the UnionPay network. There are 40 financial institutions issuing local-currency UnionPay standard cards in more than 30 countries and regions.
With over 500 million active Chinese Internet users generating eCommerce sales that are expected to exceed $2.8 trillion dollars in 2015, it is the largest and fastest growing card association on the planet.
Payscout is a licensed China UnionPay issuer and we can help you access more than 3.5 billion UnionPay credit and debit cards now in circulation by adding this preferred method of payment to your eCommerce site. Contact us for more information on getting set up with a China UnionPay account.