Tie-up to help China UnionPay expand business overseas
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UNIONPAY International is partnering global payment service provider ACI Worldwide to expand its business overseas.
The new partnership will help China UnionPay, with more than 7 billion card users, to speed up global expansion and bring convenience to users for paying cross-border shopping, education and tourism services, both sides said yesterday.
Nasdaq-listed ACI Worldwide, which offers payment service for 5,100 organizations including professional finance firms, will help increase UnionPay International’s acceptance globally and help it to roll out a range of new products, services and payment technology rapidly to the market.
In the initial stage of the tie-up, both firms will sign on several hundred merchants globally to accept payments using UnionPay.
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