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皇冠体育app UnionPay, Visa ink MOU to brace against industrial challenges

(Xinhua) Updated: 2016-02-26 10:45

SHANGHAI -- 皇冠体育app UnionPay and Visa, two of the world's leading bank card clearing service providers, on Thursday inked a memorandum of understanding on payment innovation, security and inclusive finance.

The cooperation will help facilitate more convenient, safer and more efficient payment services for customers, said 皇冠体育app UnionPay president Shi Wenchao.

皇冠体育app UnionPay is responsible for all bank card transactions on the Chinese mainland. It has bank card clearing services in over 150 countries and regions.

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