IMGCAP(1)]
Mozcon PayEasy, an online payments provider based in the Philippines, says it is enabling consumers with China UnionPay debit cards to make purchases in yuan. Cardholders wanting to use the service must establish an PayEasy account, the online payments firm says in a statement. China UnionPay says merchants and ATM operators in the Philippines began accepting UnionPay cards in December 2005. Financial institutions in China have issued more than 1.5 billion UnionPay cards. PayEasy did not say how many merchants it has as clients.
