Out of all the cards issued worldwide, 30% of them are China UnionPay cards (CUP). By adding this payment option to your website, you will open up your business to one of the world’s biggest online market.
China UnionPay cards are primarily issued within China, and through accepting this form of payment, your business will be able to tap into this rapidly growing e-commerce sector, and generate even more sales.
China UnionPay is the only domestic issuer of cards in China. It is now the world’s largest card network by card volume, and in the next 3 years, it is expected to surpass Visa to become the largest card network by transaction volume.
The simplest way to add China UnionPay to your website is to use an online payment gateway. We can help, as Transact24 has worked with both Chinese and international merchants to open up their businesses to the Chinese market through payment options. With our China UnionPay gateway, you’ll be able to accept payments in Chinese Yuan (￥) and receive settlement in the major currency of your preference.
If you would like to learn more about how China UnionPay processing solutions from Transact24 can help your business, please contact us and one of our sales representatives will provide you with all of the information you need to get started.
Contact us by phone, email or the contact form provided on our website and we will be in touch within 24-48 hours.