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In 2005, China UnionPay was established in the United States to allow U.S. merchants to be able to accept China UnionPay credit cards.  Many merchants that now accept China UnionPay cards are located in popular Chinese tourist areas such as Los Angeles, New York, San Francisco, Las Vegas, Hawaii, Washington, and Houston.  Today, over 2.1 billion China UnionPay cards have been issued to consumers worldwide, and it has the fastest growth rate in the international market with over $650 billion in processing volume.  What does all this mean to U.S. based merchants?

• Chinese visitors to the U.S. is the fastest growing market today

• China opened up leisure travel market in the U.S. in 2007, providing more opportunities for U.S. destinations and merchants

• Shopping is the top activity for Chinese travelers to the U.S.

• Average income of Chinese visitors to the U.S. is $79,300

• Business (49%) and visiting friends and relatives (22%) are the main purposes of the trip

Through the Discover Network, China UnionPay credit and debit cards can be accepted and processed; however, this includes very limited cards issued by China UnionPay.  There are only a few types of credit and debit cards that the Discover Network can actually process.  With QuickPay, you will be able to accept all types and forms of China UnionPay credit and debit cards.  And because we are a direct and exclusive processor for Retail China UnionPay cards, our rates are always lower, allowing you to avoid expensive charges such as international/interregional fees, Visa Acquiring fees and foreign/high risk surcharges.

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