China UnionPay expands card-payment services in Switzerland

Updated: 2010-11-23 14:07


Twitter Facebook Myspace Yahoo! Linkedin Mixx

GENEVA - China UnionPay (CUP) and SIX Multipay, the biggest Swiss card-payment company declared on Monday a joint program that enables Swiss merchants to accept payments from credit cards or debt cards issued by CUP.

The program, which includes payment system upgrading and promotion of CUP cards acceptance among Swiss merchants, was jointly launched by both companies in the Swiss Alpine city Interlaken.

China UnionPay expands card-payment services in SwitzerlandTheme park numbers rising
Related readings:
China UnionPay expands card-payment services in Switzerland China UnionPay cooperates with Interbank for card acceptance in Peru
China UnionPay expands card-payment services in Switzerland China-based UnionPay card launched in Fiji
China UnionPay expands card-payment services in Switzerland China UnionPay expands bankcard network in Brazil
China UnionPay expands card-payment services in Switzerland UnionPay signs memo with Singapore Tourism Board
"Switzerland is one of the most favorable destination for Chinese tourists, and the new program, with its upgraded services, will give more access to the CUP cards in Switzerland and therefore better serve the need of our customers," said Cai Jianbo, CUP Executive Deputy President.

The new services are certainly beneficial to both sides, he added.

Founded in 1976 under the name Eurocard SA, SIX Multipay today is the leading company for cashless payment transfers in Switzerland, covering 90 percent of card-payment services for ATMs and 70 percent such services for merchants.

China UnionPay is a Shanghai based association for China's banking card industry, with nearly 400 domestic and international financial institutions joining its network.

Paper's Digest

China bags Asiad team tennis title after 24 yrs

Wimbledon semifinalist Li Na led host China to capture the team tennis title on Tuesday at the Asian Games, accomplishing her Asiad tour with three consecutive victories.

China rate rises no panacea to curb inflation: PBOC adviser

European Edition


Russian possessed with TCM

Born into a family of doctors, Maxime became interested in Traditional Chinese Medicine (TCM) at the age of 12, after hearing about TCM theories such as health preservation and recuperation.

Acupuncture takes stab at UNESCO list

Acupuncture and Peking Opera have been selected as candidates for UNESCO intangible cultural heritage status.

The wedding coach comes back to life

A groom carries his bride from a wedding coach in Xuchang, Henan province, Nov 11, 2010. Produced a local factory, various original hand-made wedding carriages were displayed on the streets, attracting young people chasing fashion and an environment-friendly lifestyle.

Mounting inflation pressure tests policy makers
Chinese vice president to visit four nations
Chinese, Russian presidents meet in Seoul on co-op