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    News in brief

    China UnionPay and Visa partner on payments innovation

    News in brief

    Payment networks China UnionPay and Visa have signed a memorandum of understanding (MOU) in Shanghai to collaborate on “providing cardholders with more convenient, secure and highly efficient payment services” with a focus on security, innovation and financial inclusion. “The MOU provides an important platform for CUP and Visa to work together to strengthen and create new value for the bank card ecosystem benefiting consumers, merchants, financial institutions and technology partners,” Visa says.

    Filed by Email Rian Boden Published • Last updated 29 February 2016, 14:04

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