At the beginning of this year, swedbank was the first in latvia to introduce a function in the network of pos terminals, which allows accepting payment cards of the Industry Email List chinese payment system union pay. This innovation opens opportunities for chinese tourists to pay with the cards of the world's largest payment card organization union pay to latvian merchants. For the attention of merchants - no additional actions are required, as this function is activated automatically in the Industry Email List network of swedbank pos terminals. Increasingly accessible union pay is the association of the chinese banking card industry and the largest payment card organization in the world in terms of the number of cards issued.
In total, it has issued around 7 billion. Payment cards in more than 49 countries around the world; including almost 100 million payment cards issued outside mainland china. Union pay works with more than 1,800 institutions worldwide, accepting 51 million cards in more than 170 countries. Trader. According to Industry Email List the central statistical bureau, in 2017, 22,774 guests were received from china, which is a 10.8% increase compared to 2016.Benefits for tradersieva vidanta, head of swedbank's corporate department: “over the Industry Email List last six years, the number of chinese tourists in latvia has increased sexfoil.
We are glad that union pay cardholders will be able to pay with cards in the swedbank pos terminal network when visiting latvia, but thus it allows merchants to Industry Email List serve an even wider range of customers. With this cooperation, swedbank becomes the first bank in latvia to start accepting chinese union pay cards in the bank's pos terminal network. ” “customers from different countries of the Industry Email List world, including china, shop in our stores in latvia every day. One of our top priorities has always been customer service. We are pleased that swedbank's network of payment terminals has introduced a feature that allows you to pay with union pay cards - the first payments have already been made in our stores. "