Sign up for The Paypers newsletter Follow The Paypers on LinkedIn Follow The Paypers on Twitter Follow The Paypers on Facebook
The Paypers, paypers, Insight in payments, News, Reports, Events
 advertisement
Cards

3C Payment, UnionPay to expand UnionPay card acceptance in Europe

Tuesday 30 April 2019 | 09:44 AM CET

3C Payment and UnionPay have announced a partnership to expand UnionPay card acceptance in Europe.

The collaboration aims to meet the requirements of the growing number of Chinese outbound tourists visiting Europe and European consumers with UnionPay cards.

UnionPay has prioritised a number of sectors including hotel and catering, travel and transport (including public transportation) and retail, as well as supporting small and medium-sized enterprises (SMEs) in accepting UnionPay payments.

According to the latest figures of the European Travel Commission cited in the press release, Chinese tourists continue to put Europe at the top of their favourite destinations. Over the course of 2018, the top three EU destinations in terms of volume of Chinese arrivals were the UK (+2.4%), Germany (+2.6%), and France (+7.7%). The three most growing destinations were Croatia (+45.7%), Estonia (+35.8%), and Hungary (+25.1%). Moreover, Chinese bookings to the EU for the first four months of 2019 are 16.9% ahead of where they were at the end of 2017.

For more information about 3C Payment, please check out a detailed profile of this company in our dedicated, industry-specific online company database.

 advertisement
 advertisement
 advertisement
 advertisement