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Articles for Unionpay

Inbound tourism drive sparks optimistic outlook
6 months, 2 weeks ago

Inbound tourism drive sparks optimistic outlook

China Daily  

Foreign tourists dressed in hanfu, the traditional attire of the Han ethnic group, visit the Palace Museum in Beijing in March. Inbound traveler payment demonstration sites have been established at the Beijing Capital International Airport and the Beijing Daxing International Airport, Wei said. The positive measures have helped Beijing receive 790,000 inbound tourists from January to April, a year-on-year increase …

Travel International China Beijing Wei Travelers Linden
Inbound tourism drive sparks optimistic outlook
6 months, 2 weeks ago

Inbound tourism drive sparks optimistic outlook

China Daily  

Foreign tourists dressed in hanfu, the traditional attire of the Han ethnic group, visit the Palace Museum in Beijing in March. Inbound traveler payment demonstration sites have been established at the Beijing Capital International Airport and the Beijing Daxing International Airport, Wei said. The positive measures have helped Beijing receive 790,000 inbound tourists from January to April, a year-on-year increase …

Travel International China Beijing Wei Travelers Linden
Star casino inquiry told high roller spent $11m on Chinese debit card in one day
2 years, 9 months ago

Star casino inquiry told high roller spent $11m on Chinese debit card in one day

ABC  

An inquiry has heard that a high roller spent $11 million on a Chinese debit card in one day at Sydney's Star casino. Key points: Philip Dong Fang Lee told the inquiry he used China UnionPay cards to spend millions at The Star Mr Lee said he was initially told there was no limit on the money he could spend …

China Inquiry Star Chinese Million Told Lee
China limits concerns on Ukraine to self-interest
2 years, 9 months ago

China limits concerns on Ukraine to self-interest

Al Jazeera  

While China will help Russia get around sanctions, it is more focused on problems closer to home. “My sense is President Vladimir Putin certainly did inform President Xi Jinping that this was going to happen,” says Jabin Jacob, an associate professor at Shiv Nadar University on the outskirts of the Indian capital. “The Chinese have solid alternatives,” he says, including …

India Europe China Ukraine Russia West Chinese
Russian banks mull China UnionPay; big accounting firms exit
2 years, 9 months ago

Russian banks mull China UnionPay; big accounting firms exit

Associated Press  

LONDON — Leading Russian banks are looking into using a Chinese payment rival after Visa and Mastercard suspended operations, while all the big global accounting firms said they would pull out of Russia in the latest corporate fallout over the invasion of Ukraine. Sberbank and Tinkoff Bank said Sunday that they are considering the possibility of payment cards powered by …

China Ukraine Russia Bank Visa Payment Chinese
Russian banks consider China UnionPay cards after sanctions
2 years, 9 months ago

Russian banks consider China UnionPay cards after sanctions

India Today  

Leading Russian banks are looking into issuing cards that operate on a Chinese payment system after Visa and Mastercard said they would cut their services in Russia over the invasion of Ukraine. Sberbank and Tinkoff Bank said that they are considering the possibility of payment cards powered by China’s UnionPay system. The Russian central bank warned that all cards using …

Ukraine Russia Visa Payment Chinese Russian Mastercard
Calls to boycott Coca-Cola as it continues to operate inside Russia despite Putin's invasion
2 years, 9 months ago

Calls to boycott Coca-Cola as it continues to operate inside Russia despite Putin's invasion

Daily Mail  

Calls are growing for people to boycott Coca-Cola as they have yet to pull operations out of Russia despite Putin's invasion of Ukraine entering its twelfth day. TO MAKE A DONATION ONLINE Donate at www.mailforcecharity.co.uk/donate To add Gift Aid to a donation – even one already made – complete an online form found here: mymail.co.uk/ukraine Via bank transfer, please use …

Europe China Ukraine Russia Sanctions Netflix Boycott
Russia Ukraine War: Russian banks switch to Chinese UnionPay after withdrawal of Visa, MasterCard
2 years, 9 months ago

Russia Ukraine War: Russian banks switch to Chinese UnionPay after withdrawal of Visa, MasterCard

India TV News  

Highlights The step will enable the holders of new cards to use them for paying and withdrawing cash abroad Mastercard and Visa pledged to cease operations in Russia and disconnect all the country's banks Cards that were issued outside of Russia will stop working in Russia Several Russian banks on Sunday announced plans to start issuing cards using the Chinese …

Russia Visa Russian Cards Banks Mastercard Ukraine War
Russia-Ukraine crisis live updates
2 years, 9 months ago

Russia-Ukraine crisis live updates

The Hindu  

Prime Minister Narendra Modi called another high-level meeting on Saturday evening to discuss the situation in war-hit Ukraine and India’s evacuation efforts to bring back its citizens, official sources said. Russia’s foreign ministry called on European Union and NATO countries on Saturday to “stop pumping weapons” to Ukraine, the Russian RIA news agency said. The sanctions on Russia over its …

India Europe China Military United Nations War Ukraine
Alipay, UnionPay agree mobile payment deal for interconnectivity
3 years ago

Alipay, UnionPay agree mobile payment deal for interconnectivity

China Daily  

China's popular mobile wallet Alipay announced on Thursday it has achieved mutual recognition of QR code for receiving payment from China UnionPay, the latest progress in enhancing interconnectivity with the bank card association. The pair started jointly exploring barcode payment interconnectivity last year and has since piloted the function in China's major cities such as Beijing, Tianjin, and Guangzhou and …

China Bank Payment Code Alipay Unionpay Interconnectivity
Consumer spending up during national holiday
4 years, 2 months ago

Consumer spending up during national holiday

China Daily  

Consumers shop at a duty-free store in Haikou, capital of South China's Hainan province, Oct 4, 2020. On the first two days of the eight-day holiday, Chinese consumers spent 628 billion yuan by UnionPay card, up 11.8 percent year-on-year, according to UnionPay. On National Day, Oct 1, which overlapped with the Mid-Autumn Festival this year, transaction volume recorded by UnionPay …

Holiday China National National Day Spending Chinese Beijing
Consumer spending up during national holiday
4 years, 2 months ago

Consumer spending up during national holiday

China Daily  

Consumers shop at a duty-free store in Haikou, capital of South China's Hainan province, Oct 4, 2020. On the first two days of the eight-day holiday, Chinese consumers spent 628 billion yuan by UnionPay card, up 11.8 percent year-on-year, according to UnionPay. On National Day, Oct 1, which overlapped with the Mid-Autumn Festival this year, transaction volume recorded by UnionPay …

Holiday China National National Day Spending Chinese Beijing
Consumer spending up during national holiday
4 years, 2 months ago

Consumer spending up during national holiday

China Daily  

By ZHU WENQIAN | China Daily | Updated: 2020-10-05 07:16 Consumers shop at a duty-free store in Haikou, capital of South China's Hainan province, Oct 4, 2020. On the first two days of the eight-day holiday, Chinese consumers spent 628 billion yuan by UnionPay card, up 11.8 percent year-on-year, according to UnionPay. On National Day, Oct 1, which overlapped with …

Holiday National National Day Spending Chinese Beijing Qunar