What We’re Reading: China UnionPay becomes payment-card market leader

What We’re Reading: China UnionPay becomes payment-card market leader

China Daily USA published this article based on insights featured in Packaged Facts’ brand-new report, Commercial Payment Cards: U.S. and Global Market Trends, 9th Edition.

China UnionPay’s (CUP) ambitious approach to building partnerships has helped it become the largest payment-card network in the world, according to the author of a recent market report.

“CUP has aggressively forged partnerships with bank card issuers and processors across the globe, and buoyed by network reciprocity agree...