CHINAUS AFRICAASIA 中文双语Français
Business\Markets

UnionPay cross-border transactions surge in Spring Festival spree

Xinhua | Updated: 2017-02-04 11:00

SHANGHAI -- The Chinese splurged this Spring Festival with the number of UnionPay overseas transactions rising nearly 40 percent year on year, the operator revealed Friday.

The total volume of transactions at home and abroad through China UnionPay cards was 462 billion yuan ($67.2 billion) during the seven-day holiday from Jan 27 to Feb 2.

The number of overseas transactions surged mostly in Asia, Europe and North America, the most popular travel destinations for Chinese people.

As Chinese tourist numbers grow, more foreign hotels, restaurants and stores have started to take UnionPay cards.

China UnionPay is responsible for all bank card transactions on the Chinese mainland and has extended its reach to 150 countries and regions.

BACK TO THE TOP
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US