The retail bank network of Societe Generale is distributed in over 30 countries and regions, covering Middle East, Africa, and the Mediterranean. As an international cooperative partner of UnionPay International, Societe Generale agrees to have all its ATMs and POS terminals accept UnionPay cards. Over the recent years, the two companies have cooperated to expand UnionPay card acceptance in Europe, Africa and many other markets and issue UnionPay RMB debit cards in China.
At present, 39 countries and regions in Europe have launched UnionPay card business. In France, more than 50% of ATMs accept UnionPay cards for cash withdrawal and cardholders can also swipe UnionPay cards at major business circles in Paris. In Monaco, likewise, UnionPay cards can be used in many ATMs and merchants frequently visited by tourists such as brand franchise stores, hotels.
The Chinese tourists in France represent a client category with strong purchasing power. They are more and more used to coming to visit France, especially in touristic areas such as Paris, Loire Valley, Côte dAzur, Bordeaux region. In 2014, the number of Chinese tourists may reach 2 million and is expected to increase continuously in the coming years.
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