With 30% of all cards issued worldwide now being a China UnionPay card (CUP), there has never been a better time to add this payment option to your website, opening up your business to the world’s biggest online market.
China UnionPay cards are primarily issued within China, and with China’s ecommerce sector booming, accepting this form of payment will lead to a rapid increase in the number of online sales your business is able to generate.
China UnionPay is the only domestic issuer of cards in China, is now the world’s largest card network by number of cards, and is expected to surpass Visa to become the largest network by transaction volume within the next 3-4 years.
The easiest way to add China UnionPay to your website is to use an online payment gateway, which is where we at Transact 24 can help. We work with numerous merchants, both inside China and internationally, to help them open up their business to both the Chinese market and it’s payment options. With our China UnionPay gateway solution, you’ll be able to accept payments in Chinese Yuan (￥) and receive settlement in the major currency of your choosing.
If you’re interested in learning more about China UnionPay processing and other China payment solutions from Transact24, and how it can help you and your business, please get in touch and one of our sales representatives will be on hand to provide you with all of the information you’ll need to get started with us.
You can contact us in a number of ways; By phone, email or using the contact page provided on our website and one of our representatives will be in touch within 24-48 hours.