UnionPay Topples Visa to Become World’s Most Used..... - Printable Version
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UnionPay Topples Visa to Become World’s Most Used..... - cityhantam - 31-05-2023
https://www.yicaiglobal.com/news/20230529-06-unionpay-topples-visa-to-become-worlds-most-used-debit-card-in-2022-nielsen-says
UnionPay seized 40.03 percent of the world’s debit card market in 2022, an increase of 1.39 percentage point, while Visa held 38.78 percent of the market, a dip of 0.82 percentage point, according to a recent report by US market research company Nielsen Holdings.
There were a combined 624.86 billion transactions made last year using credit, debit and prepaid cards from Visa, UnionPay, Mastercard, American Express and other major bank card providers, an increase of 7.5 percent from the year before, New York-based Nielsen said. Debit cards accounted for 63.8 percent of these transactions.
In terms of both credit and debit cards, Visa topped the world’s market with a 38.7 percent share, UnionPay came in second with 34 percent and Mastercard was third at 24 percent.
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RE: UnionPay Topples Visa to Become World’s Most Used..... - sgh - 31-05-2023
In Spore UnionPay many merchants accept? I know NTUC accept
RE: UnionPay Topples Visa to Become World’s Most Used..... - cityhantam - 31-05-2023
(31-05-2023, 04:30 PM)sgh Wrote: In Spore UnionPay many merchants accept? I know NTUC accept
https://m.unionpayintl.com/cardholderServ/globalCard/hk/global_3/10060012?type=2#:~:text=In%20Singapore%2C%20almost%20all%20ATMs,and%2For%20ATM%20may%20apply
Almost all ATMs and over 80% merchants in Singapore accept UnionPay cards, including Changi Airport, duty-free shops, department stores, restaurants, hotels, all petrol stations and supermarket
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RE: UnionPay Topples Visa to Become World’s Most Used..... - Talent - 31-05-2023
how about overseas
RE: UnionPay Topples Visa to Become World’s Most Used..... - cityhantam - 31-05-2023
(31-05-2023, 04:47 PM)Talent Wrote: how about overseas
https://www.silkpay.eu/blog/2022/3/11/china-unionpay-the-best-payment-option-as-visa-and-mastercard-move-out-from-the-russian-market#:~:text=UnionPay%20cards%20are%20accepted%20in,accepted%20by%2055%20million%20merchants.
UnionPay cards are accepted in 180 countries and regions and are accepted by 55 million merchants.
More than 150 million cards have been issued outside China in 67 countries and regions, according to UnionPay.
UnionPay cards are accepted for cash withdrawal at 1.7 million ATMs outside mainland China, covering major travel destinations like Hong Kong, Macau, Japan, Southeast Asia, United Arab Emirates, Australia, New Zealand, Russia, Europe and the United States.
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