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Global Payments Industry Research 2024: Digital Transformation and Technology Adoption Driving Innovations - Trends, Opportunities, & Forecasts to 2029 - ResearchAndMarkets.com

Retrieved on: 
Tuesday, April 23, 2024

The popularity of digital payment software solutions like QR codes, Apple Pay, and Google Pay is still rising.

Key Points: 
  • The popularity of digital payment software solutions like QR codes, Apple Pay, and Google Pay is still rising.
  • The rise in global e-commerce is another factor contributing to the growth of digital payments.
  • Shift Towards Digital Payments: Influence of convenience and speed on consumer preference for digital and mobile payment options.
  • North America: Dominance in the payments market driven by robust financial infrastructure and early adoption of technology.

135th Canton Fair Provides Hassle-free Payment Services for Global Visitors

Retrieved on: 
Friday, April 26, 2024

GUANGZHOU, China, April 26, 2024 /PRNewswire/ -- In a significant move to facilitate seamless payment experiences for international attendees, the 135th China Import and Export Fair ("Canton Fair" or "the Fair") has partnered with multiple financial institutions to upgrade its payment systems.

Key Points: 
  • GUANGZHOU, China, April 26, 2024 /PRNewswire/ -- In a significant move to facilitate seamless payment experiences for international attendees, the 135th China Import and Export Fair ("Canton Fair" or "the Fair") has partnered with multiple financial institutions to upgrade its payment systems.
  • The Canton Fair has enhanced its payment facilities to better serve the global merchant community, introducing Self-Service Exchange Machines ("the Exchange Machines") and POS terminals that support international bank cards to simplify the buying experience.
  • Prominent locations, including Guangzhou Baiyun International Airport and the fairgrounds, now feature "Foreign Visitors Payment International Desk" to simplify transactions for international visitors.
  • In the course of the offline exhibition, the Canton Fair's upgrade in payment convenience was fully experienced by the attendees.

135th Canton Fair Provides Hassle-free Payment Services for Global Visitors

Retrieved on: 
Friday, April 26, 2024

GUANGZHOU, China, April 26, 2024 /PRNewswire/ -- In a significant move to facilitate seamless payment experiences for international attendees, the 135th China Import and Export Fair ("Canton Fair" or "the Fair") has partnered with multiple financial institutions to upgrade its payment systems.

Key Points: 
  • GUANGZHOU, China, April 26, 2024 /PRNewswire/ -- In a significant move to facilitate seamless payment experiences for international attendees, the 135th China Import and Export Fair ("Canton Fair" or "the Fair") has partnered with multiple financial institutions to upgrade its payment systems.
  • The Canton Fair has enhanced its payment facilities to better serve the global merchant community, introducing Self-Service Exchange Machines ("the Exchange Machines") and POS terminals that support international bank cards to simplify the buying experience.
  • Prominent locations, including Guangzhou Baiyun International Airport and the fairgrounds, now feature "Foreign Visitors Payment International Desk" to simplify transactions for international visitors.
  • In the course of the offline exhibition, the Canton Fair's upgrade in payment convenience was fully experienced by the attendees.

UnionPay Now Accepted on JD.com: Cross-Border Shopping Made Easier for Global Customers

Retrieved on: 
Friday, April 26, 2024

SHANGHAI, April 26, 2024 /PRNewswire/ -- UnionPay International (UPI) has teamed up with JD PAY, JD.com's digital payment service to elevate the cross-border shopping experience, enabling customers around the world to use their local UnionPay cards on JD.com.

Key Points: 
  • SHANGHAI, April 26, 2024 /PRNewswire/ -- UnionPay International (UPI) has teamed up with JD PAY, JD.com's digital payment service to elevate the cross-border shopping experience, enabling customers around the world to use their local UnionPay cards on JD.com.
  • Through this partnership, consumers around the world can now enjoy a more streamlined payment process when shopping on JD.com.
  • Thongchai from Thailand , recently shared his online shopping experience: "You can directly use a Thai locally published UnionPay card, and simply enter the card info to complete the payment.
  • Their goal is to provide a shopping experience that is not only safer and more efficient but also universally accessible and convenient for customers everywhere.

UnionPay Now Accepted on JD.com: Cross-Border Shopping Made Easier for Global Customers

Retrieved on: 
Friday, April 26, 2024

SHANGHAI, April 26, 2024 /PRNewswire/ -- UnionPay International (UPI) has teamed up with JD PAY, JD.com's digital payment service to elevate the cross-border shopping experience, enabling customers around the world to use their local UnionPay cards on JD.com.

Key Points: 
  • SHANGHAI, April 26, 2024 /PRNewswire/ -- UnionPay International (UPI) has teamed up with JD PAY, JD.com's digital payment service to elevate the cross-border shopping experience, enabling customers around the world to use their local UnionPay cards on JD.com.
  • Through this partnership, consumers around the world can now enjoy a more streamlined payment process when shopping on JD.com.
  • Thongchai from Thailand , recently shared his online shopping experience: "You can directly use a Thai locally published UnionPay card, and simply enter the card info to complete the payment.
  • Their goal is to provide a shopping experience that is not only safer and more efficient but also universally accessible and convenient for customers everywhere.

China's Expanded Payment Services Offer Maximum Convenience for Foreign Visitors

Retrieved on: 
Tuesday, April 23, 2024

LOS ANGELES, April 23, 2024 /PRNewswire/ -- The China National Tourist Office has disseminated a clear, easy-to-follow guide on payment processes for foreign visitors to the country. Checking off your bucket list destinations in China is now easier and more accessible with the expanded safe and worry-free payment portals that were introduced by multi-agency government officials on March 14, 2024. The new measures are expected to boost China's rebounding tourist arrivals.

Key Points: 
  • LOS ANGELES, April 23, 2024 /PRNewswire/ -- The China National Tourist Office has disseminated a clear, easy-to-follow guide on payment processes for foreign visitors to the country.
  • Foreign visitors can now explore China's top attractions and hidden gems, shop and dine using their preferred payment portal.
  • Foreign visitors can now pay using any of the following: Bank Card, Mobile Payment, Tour Card, E-Wallets, Cash, Bank Account and E-CNY.
  • You can download from the app store and add your bank cards to any of the aforementioned mobile payment platforms.

Thunes announces agreement to acquire Tilia LLC

Retrieved on: 
Tuesday, April 23, 2024

Using Tilia's technology, Thunes will be able to offer Visa, MasterCard, American Express, JCB and UnionPay acceptance to Thunes' customers.

Key Points: 
  • Using Tilia's technology, Thunes will be able to offer Visa, MasterCard, American Express, JCB and UnionPay acceptance to Thunes' customers.
  • Floris de Kort, CEO of Thunes, says, "The acquisition of Tilia demonstrates our ambition in the United States.
  • It will be business as usual for our people and our customers as we bring Tilia and Thunes together."
  • Subject to regulatory approval, after the acquisition closes, Tilia will be rebranded as Thunes and will remain based in San Francisco.

Thunes announces agreement to acquire Tilia LLC

Retrieved on: 
Tuesday, April 23, 2024

Using Tilia's technology, Thunes will be able to offer Visa, MasterCard, American Express, JCB and UnionPay acceptance to Thunes' customers.

Key Points: 
  • Using Tilia's technology, Thunes will be able to offer Visa, MasterCard, American Express, JCB and UnionPay acceptance to Thunes' customers.
  • Floris de Kort, CEO of Thunes, says, "The acquisition of Tilia demonstrates our ambition in the United States.
  • It will be business as usual for our people and our customers as we bring Tilia and Thunes together."
  • Subject to regulatory approval, after the acquisition closes, Tilia will be rebranded as Thunes and will remain based in San Francisco.

Sunyard Preview for Transact 2024: Introducing the Sunyard Payment Ecosystem

Retrieved on: 
Tuesday, April 9, 2024

As the first appearance in 2024, Sunyard will bring its seamless tech-business fusion and a fearless drive to push boundaries.

Key Points: 
  • As the first appearance in 2024, Sunyard will bring its seamless tech-business fusion and a fearless drive to push boundaries.
  • The Sunyard Payment Ecosystem includes the mobile payment App, terminals, and device management platform.
  • It's the first third-generation Android mobile POS, powered by Sunyard OS based on Android 13, which can be in-depth customized to meet versatile requirements.
  • All in one - selecting your payment method, viewing the detail report, changing your settings, and getting important service information.

UnionPay International and The Tourism Organisation of Serbia Sign MOU to Enhance Tourist Payments and Promote Serbia as a Premier Destination

Retrieved on: 
Friday, March 1, 2024

BELGRADE, Serbia, March 1, 2024 /PRNewswire/ -- UnionPay International, the leading global card scheme, has entering into a Memorandum of Understanding (MOU) with The Tourism Organisation of Serbia (TOS).

Key Points: 
  • BELGRADE, Serbia, March 1, 2024 /PRNewswire/ -- UnionPay International, the leading global card scheme, has entering into a Memorandum of Understanding (MOU) with The Tourism Organisation of Serbia (TOS).
  • This strategic partnership aims to enhancing the payment experience for tourists and to further facilitate tourism growth in Serbia.
  • The MOU signing ceremony took place at Belgrade on 27th February 2024, marking the beginning of a collaborative effort between UnionPay International and TOS.
  • Ms Bomee Sheng, Product Director of UnionPay International, expressed her enthusiasm about the collaboration, stating, "We are delighted to partner with The Tourism Organisation of Serbia to promote tourism and facilitate payment experiences in Serbia.