China Union Pay
Who is China Union Pay (CUP)?
Issued primarily in Asia, China Union Pay is the credit card of choice for affluent Chinese travellers. In terms of the number of cards in circulation China Union Pay is the world's largest credit card company having recently surpassed Visa. With the card being accepted in 104 countries around the world it is fast becoming a global brand.
How can accepting China Union Pay help your business?
Accepting CUP cards allows your business to tap into the vast (and growing) number of Chinese who visit Canada each year. In 2009, more than 166 000 people visited Canada from China and that number is expected to grow by 50% by the year 2015. China Union Pay gives you a simple way to meet the needs of your customers.
Fast Facts:
- Established in 2002
- $673 billion US dollars processed in 2008
- Acceptance in Canada started in 2009
