Unipay:China's digital payment services see global expansion in 2022
China's digital payment sector expanded last year to cover more global clients and shore up the domestic real economy, according to a report by China UnionPay, the country's largest bank card payment processor.
The bank card payment industry continues to help the development of the real economy in the digital construction
By 2022, UnionPay's offline acceptance network will cover 181 countries and regions around the world, with 38 million overseas merchants; online payment services will expand to 22 million online merchants in more than 200 overseas countries and regions. Relying on the mobile QuickPass APP, UnionPay issued government consumption coupons to 285 provinces, cities, districts, counties and cities throughout the year, driving a transaction scale of nearly 50 billion yuan, and the number of users directly participating in the collection exceeded 41 million.
The domestic industry seeks breakthroughs in international development through various channels
In 2022, domestic payment industry institutions will actively expand overseas markets and launch related products and services for online and cross-border scenarios to improve business layout and enhance overseas influence. At the same time, domestic industry parties represented by China UnionPay are actively exporting domestic mobile payment technology and market experience to the international market, and some domestic payment institutions are also accelerating international development through capital cooperation.
Supervision continues to promote the healthy and orderly development of the payment industry
In 2022, the top-level design of domestic payment and clearing will continue the idea of macro-prudential supervision, strengthen risk prevention and control in various fields, and promote the orderly development of payment and related financial businesses. The platform economy has entered a new stage of normalized supervision, and the rectification and anti-monopoly of platform financial businesses have continued to deepen. Data security management is refined, and data governance reform continues to advance under the guidance of policies.
First, please LoginComment After ~