Under the term of the deal, Sistic will now accept the UnionPay Online Payment service for all events and shows sold through www.sistic.com.sg. China’ s residents will be able to purchase tickets to shows, events and concerts in Singapore from their home via UnionPay Online Payment (UPOP).
Wirecard Bank AG and China UnionPay have signed a license agreement for online merchant acquiring services in February 2011. China UnionPay processes payments between banks of merchants and the card issuing banks or credit unions of the purchasers who use the UnionPay brand credit, debit and prepaid cards.
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