As the number of mainland Chinese tourists
travelling in and around Asia continues to rise, payment processing
provider Global Payments Asia-Pacific has extended China UnionPay
(CUP) card acceptance services across a host of Asian markets.
The extended service allows Chinese tourists
to pay for goods and services with their CUP cards at merchants
served by Global Payments in Brunei, the Maldives, the Phillipines
and Sri Lanka.
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“China is contributing significantly to
outbound tourism in many Asian destinations and our merchants in
those markets can now welcome more mainland Chinese tourists to
their establishments by accepting CUP card payments,” said Ian
Courtnage, president of Global Payments Asia-Pacific.
With more than 2.1 billion CUP cards in
circulation, the new service empowers Global Payments merchants in
the extended markets to capture the rising spending trends of the
mainland Chinese visitors, who currentlypay mostly with cash.
Merchants can simply add the CUP card acceptance functionality to
their Global Payments’ point-of-sale terminals through a free
programming of their terminals.
“We are delighted to expand the acceptance of
CUP cards to more Asian markets through Global Payments’ extensive
distribution network across Asia Pacific. This further expands our
strategic relationship with Global Payments and the new service
will offer added payment convenience for the growing number of
mainland Chinese travellers,” said Cai Jianbo, executive vice
president of CUP.
Global Payments Asia-Pacific Limited is a
joint venture between the US based Global Payments Inc and HSBC.
The Global Payments’ CUP card acceptance program was started six
years ago in Hong Kong and has since grown into Macau, Malaysia and
Taiwan, as well as the new markets of Brunei, the Maldives, the
Phillipines and Sri Lanka.
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