U.S. ISO Adds China UnionPay Acceptance

U.S. Bankcard Services Inc., an Industry, Calif.-based independent sales organization, has added China UnionPay card acceptance to its list of merchant services.

Started in 2002, Shanghai-based China UnionPay Co. Ltd. is China’s national electronic-payments network and card brand. The company’s latest strategy has been to expand its presence internationally (see story). 

Of the 2.07 billion cards issued overall in China, about 1.88 billion, or 91%, are debit cards, and the rest are credit cards.

U.S. Bankcard Services anticipates tapping into UnionPay cardholders traveling to the United States, the company notes in a release.