Latest news with #UnionPayInternational
Korea Herald
18-07-2025
- Business
- Korea Herald
UnionPay Launches Global Summer Campaign with Exclusive Travel Offers
Exclusive discounts, cashback, and exchange rate perks for international travelers SHANGHAI, July 18, 2025 /PRNewswire/ -- UnionPay International has officially launched its 2025 Global Summer Campaign, rolling out exclusive offers for international travelers as the global holiday season peaks. UnionPay cardholders can enjoy a wide range of summer privileges across more than 100,000 partner merchants in 25 popular destinations. Benefits include merchant discounts, favorable exchange rates, and bank-backed cashback, all of which are designed to enhance the shopping, dining, and travel experiences for global users. ( "Summer is when joyful memories are made, and we want UnionPay to be part of them," said Zhuang Bei, vice president of UnionPay International. "Whether you're shopping in Paris, dining in Tokyo, or exploring a theme park with family in Singapore, our global summer campaign makes every experience more affordable, smoother, and more memorable." This year's campaign reflects the strong rebound in global travel, with destinations across Asia and Europe seeing significant surges in popularity. Bookings to countries such as Japan, South Korea, Italy, France, and the United Kingdom have notably increased. In response, UnionPay has expanded its global merchant network, collaborating with retailers in 35 international airports and 60 major shopping districts to offer cardholders exclusive summer privileges. UnionPay has also partnered with the world's top duty-free groups, leading department stores, and outlet malls to offer exclusive discounts on global brands. Cardholders can also enjoy savings at over 3,500 local dining spots, cafés, and seafood markets, with instant deals available through platforms like Dianping and Uber Eats. For family travelers during the school holidays, UnionPay has introduced themed offers in collaboration with eight world-renowned attractions. At locations such as Resorts World Sentosa in Singapore and the Royal Caribbean Spectrum of the Seas cruise ship, UnionPay users can receive cashback or instant discounts when spending meets specified thresholds. Flight and transportation perks are also part of the campaign. UnionPay cardholders can enjoy exclusive offers when booking with international airlines such as Cathay Pacific, Singapore Airlines, Turkish Airlines, and Air China. Travelers can also access UnionPay discounts when topping up transit cards in Japan and Hong Kong SAR, or when making payments with J-Coin Pay in Japan and ZeroPay in Korea, with discounts of up to 10% available. In addition to boost global retail by delivering travel savings, UnionPay continues to provide favorable exchange rates to Chinese travelers across over 30 destinations, including Southeast Asia, Japan, South Korea, Europe, and the Middle East. Cardholders who enroll through the UnionPay App and meet spending thresholds are eligible for upgraded rates. Meanwhile, 16 partner banks in Chinese Mainland, including ICBC, ABC, BOC, CCB and CMB, are offering up to 12% UnionPay card cashback on cross-border transactions, driving foot traffic for global merchants. For inbound China, more than 40 international banks issue UnionPay SplendorPlus Card, tailoring exclusive cashback and promotions for spending within the tour in China. Now accepted in 183 countries and regions, with more than 73 million online and offline merchants and 1.7 million ATMs worldwide, UnionPay is strengthening its position as a preferred cross-border payment solution. With this global summer campaign, UnionPay International continues to deliver value, convenience, and reliability to travelers at every step of their journey.
Cision Canada
18-07-2025
- Business
- Cision Canada
UnionPay Launches Global Summer Campaign with Exclusive Travel Offers
Exclusive discounts, cashback, and exchange rate perks for international travelers SHANGHAI, July 18, 2025 /CNW/ -- UnionPay International has officially launched its 2025 Global Summer Campaign, rolling out exclusive offers for international travelers as the global holiday season peaks. UnionPay cardholders can enjoy a wide range of summer privileges across more than 100,000 partner merchants in 25 popular destinations. Benefits include merchant discounts, favorable exchange rates, and bank-backed cashback, all of which are designed to enhance the shopping, dining, and travel experiences for global users. ( "Summer is when joyful memories are made, and we want UnionPay to be part of them," said Zhuang Bei, vice president of UnionPay International. "Whether you're shopping in Paris, dining in Tokyo, or exploring a theme park with family in Singapore, our global summer campaign makes every experience more affordable, smoother, and more memorable." This year's campaign reflects the strong rebound in global travel, with destinations across Asia and Europe seeing significant surges in popularity. Bookings to countries such as Japan, South Korea, Italy, France, and the United Kingdom have notably increased. In response, UnionPay has expanded its global merchant network, collaborating with retailers in 35 international airports and 60 major shopping districts to offer cardholders exclusive summer privileges. UnionPay has also partnered with the world's top duty-free groups, leading department stores, and outlet malls to offer exclusive discounts on global brands. Cardholders can also enjoy savings at over 3,500 local dining spots, cafés, and seafood markets, with instant deals available through platforms like Dianping and Uber Eats. For family travelers during the school holidays, UnionPay has introduced themed offers in collaboration with eight world-renowned attractions. At locations such as Resorts World Sentosa in Singapore and the Royal Caribbean Spectrum of the Seas cruise ship, UnionPay users can receive cashback or instant discounts when spending meets specified thresholds. Flight and transportation perks are also part of the campaign. UnionPay cardholders can enjoy exclusive offers when booking with international airlines such as Cathay Pacific, Singapore Airlines, Turkish Airlines, and Air China. Travelers can also access UnionPay discounts when topping up transit cards in Japan and Hong Kong SAR, or when making payments with J-Coin Pay in Japan and ZeroPay in Korea, with discounts of up to 10% available. In addition to boost global retail by delivering travel savings, UnionPay continues to provide favorable exchange rates to Chinese travelers across over 30 destinations, including Southeast Asia, Japan, South Korea, Europe, and the Middle East. Cardholders who enroll through the UnionPay App and meet spending thresholds are eligible for upgraded rates. Meanwhile, 16 partner banks in Chinese Mainland, including ICBC, ABC, BOC, CCB and CMB, are offering up to 12% UnionPay card cashback on cross-border transactions, driving foot traffic for global merchants. For inbound China, more than 40 international banks issue UnionPay SplendorPlus Card, tailoring exclusive cashback and promotions for spending within the tour in China. Now accepted in 183 countries and regions, with more than 73 million online and offline merchants and 1.7 million ATMs worldwide, UnionPay is strengthening its position as a preferred cross-border payment solution. With this global summer campaign, UnionPay International continues to deliver value, convenience, and reliability to travelers at every step of their journey.
Al-Ahram Weekly
10-07-2025
- Business
- Al-Ahram Weekly
Egypt, China ink 3 financial cooperation agreements - Economy
Hassan Abdalla, the governor of the Central Bank of Egypt (CBE), and Pan Gongsheng, the governor of the People's Bank of China (PBOC), signed three cooperation agreements on Thursday aimed at deepening financial cooperation between the two countries. The signing took place following a meeting between the two sides during Gongsheng's current official visit to Cairo. The meeting, held at the CBE headquarters, underscored the growing strategic partnership between Egypt and China and explored mechanisms for expanding cooperation between their central banks. During the talks, both sides discussed ways to strengthen coordination on various monetary and financial issues, including activating a local currency swap agreement, facilitating payments settlement in local currencies, exploring the issuance of Panda Bonds, and creating interoperability between their respective national payment systems. The two governors also explored ways to increase the presence of banks from each side in the other's financial system and to promote bilateral investment flows. For his part, Abdalla expressed his appreciation for Gongsheng's visit and the deep-rooted ties between Egypt and China, highlighting the occasion as a valuable platform for exchanging expertise and reinforcing collaboration in banking and financial services. He affirmed that this cooperation supports economic stability and advances sustainable development objectives for both countries. The two central bank governors witnessed the signing of three memoranda of understanding aimed at expanding cooperation across key sectors of mutual interest. The first memorandum was signed between the Suez Canal Bank, China-Africa TEDA Investment Company, and CIPS Company Limited — the institution responsible for operating China's Cross-border Interbank Payment System (CIPS). The agreement aims to enhance the use of the Chinese yuan within the China-Egypt Suez Economic and Trade Cooperation Zone, facilitating smoother trade and financial transactions between the two countries. The second was signed between UnionPay International and the Egyptian Banks Company for Technological Advancement (EBC). This agreement aims to strengthen Egypt's electronic payment infrastructure and enhance the acceptance of UnionPay cards throughout the Egyptian market. The move is expected to enable UnionPay cardholders to make seamless purchases across electronic point-of-sale (POS) terminals and e-commerce platforms nationwide. The third MoU saw UnionPay International partner with Egyptian fintech company Paymob to support the expansion of electronic acceptance services for merchants and digital platforms connected to Paymob's network. This partnership aims to boost financial inclusion and make Egypt more accessible to Chinese consumers and businesses. The signing of the three memoranda reflects the joint commitment of Egypt and China to deepen their strategic partnership and strengthen financial connectivity. These steps align with broader efforts to advance digital transformation, enhance trade facilitation, and promote economic integration between the two nations. The visit marks a new chapter in Egypt-China relations, laying the foundation for more collaborative initiatives in banking, finance, and beyond. Follow us on: Facebook Instagram Whatsapp Short link:
Finextra
05-06-2025
- Business
- Finextra
LianLian and UnionPay forge strategic partnership
Money20/20 Europe, the global fintech flagship event, takes place in Amsterdam, Netherlands. LianLian Global, a brand under the Hong Kong-listed Lianlian DigiTech, has been invited to showcase its innovative digital payment solutions at the event. 0 At the summit, LianLian Global and UnionPay International, officially announced their strategic partnership. The signing ceremony was attended by Tim Shen, CEO of LianLian Global; Adora Wang, CEO of LianLian Europe; and Jianmin (James) Yang, Vice President of UnionPay International Europe Region. The two parties will combine their expertise to redefine cross-border payments, drawing on Lianlian's global network and UnionPay International's MoneyExpress to provide fast cross-border remittance solutions for customers. The alliance aims to facilitate seamless, secure, transparent, and efficient international transfers, particularly for clients remitting funds to China's mainland. In the B2B payment sector, the two parties will deepen cooperation in online payment acceptance, digital card issuance, payout, and other services to facilitate cross-border payment for Chinese enterprises expanding in overseas markets. LianLian Global, is a leading digital payment platform specializing in cross-border payment solutions, having served a total of 5.9 million customers, including e-commerce platforms, and trading companies, covering over 100+ countries and regions. In partnership with more than 2600 institutions worldwide, UnionPay International has enabled card acceptance in 183 countries and regions with issuance in 84 countries and regions. Its MoneyExpress platform offers convenient cross-border remittance solutions and is currently available in over 50 countries and regions such as the US, Japan, Singapore, Australia, the UK, Russia, Canada, Korea, and Hong Kong. Jianmin (James) Yang, Vice President of UnionPay International Europe Region stated "The strategic partnership with Lianlian represents a key step forward in UnionPay International's delivery of cross-border remittance services in the European market. We look forward to providing users with a more efficient, secure, and convenient cross-border remittance experience through this collaboration, while further driving UnionPay International's growth in the global market." Tim Shen, CEO of LianLian Global commented, "LianLian Europe is proud to announce its partnership with UnionPay International, enabling clients to send cross-border funds to individual recipients in China in near real-time with minimal information required. This collaboration underscores Lianlian's unwavering commitment to simplifying the payment experience—not just for end users, but also for our partners—further strengthening our position as a leader in seamless global transactions."
Yahoo
30-05-2025
- Business
- Yahoo
UnionPay and Tourism Malaysia Seal Strategic Partnership at ITB Shanghai to Power Visit Malaysia 2026 (VM2026)
SHANGHAI, May 30, 2025 /PRNewswire/ -- UnionPay International and Tourism Malaysia officially exchanged a Memorandum of Collaboration (MoC) today at ITB Shanghai 2025, marking the start of an exciting new journey to enhance travel and payment experiences between China and Malaysia moving towards Visit Malaysia 2026 (VM2026) Campaign. The ceremony was held at the Tourism Malaysia Pavilion between Ms. Zhuang Bei, Vice President of UnionPay International, and YBhg. Datuk Manoharan Periasamy, Director General of Tourism Malaysia, underscoring a shared commitment in strengthening tourism cooperation and enhancing the travel experience for Chinese visitors. Part of this collaboration is an extension of its broader, ongoing efforts to make overseas spending more seamless and familiar for Chinese visitors. In Malaysia, over 90% of merchants accept UnionPay cards, making it more convenient for travellers to pay for both large and small purchases. For bigger ticket items, UnionPay cards are widely accepted, meanwhile for smaller purchases, Chinese visitors can easily use the UnionPay app to make QR code payments. This blend of card acceptance for larger transactions and QR code interoperability for everyday purchases ensures UnionPay cardholders to feel at home while traveling in Malaysia. Both parties are agreed on joint marketing and branding efforts to promote a wider acceptance of digital payments among tourism-related merchants in Malaysia, as well as introducing exclusive travel benefits for UnionPay cardholders. This partnership also supports the objectives of Visit Malaysia 2026 (VM2026), a national campaign focused on revitalizing international tourism by improving the travel experience and making Malaysia more appealing alongside accessible to Chinese travellers. "We are truly excited to be part of this meaningful collaboration, especially as Malaysia prepares to welcome the world for Visit Malaysia 2026 (VM2026). Malaysia continues to be one of the most preferred destinations among Chinese travellers—not only because of its rich cultural heritage and natural beauty, but also due to the deep historical and people-to-people ties between our countries. With this partnership, we're proud to contribute to making travelling more seamless and enjoyable for UnionPay cardholders, while supporting Malaysia's broader efforts to boost tourism and economic recovery," said Zhuang Bei, Vice President of UnionPay International. Tourism Malaysia emphasized the importance of strategic partnerships in achieving its 2026 tourism goals. The agency noted that providing trusted and widely accepted payment solutions is a key enabler for increasing tourist satisfaction and encouraging repeat visits. About UnionPay International UnionPay International (UPI) is a subsidiary of China UnionPay focused on the growth and support of UnionPay's global business. Working with over 2,600 partners worldwide, UPI enables card acceptance in 183 countries and regions with issuance in 84 countries and regions. UnionPay International provides high quality, cost effective and secure cross-border payment services to the world's largest cardholder base and ensures convenient local services to a growing number of global UnionPay cardholders and merchants. About Tourism Malaysia Malaysia Tourism Promotion Board, also known as Tourism Malaysia, is an agency under the Ministry of Tourism, Arts & Culture Malaysia. It focuses on the specific task of promoting Malaysia as a preferred tourism destination. Since its inception, it has emerged as a major player in the international tourism scene. The next Visit Malaysia, set to take place in 2026, will commemorate the sustainability of the nation's tourism industry, which is also in line with the United Nations Sustainable Development Goals (UNSDG).For more information, visit Tourism Malaysia's social media accounts on Facebook, Instagram, X, YouTube, and TikTok. View original content: SOURCE UnionPay International
