![]() ![]() In 2005, Discover entered into a reciprocal acceptance agreement with China Unionpay. This means new opportunities for merchants and cardmember on both sides of the agreement. China Unionpay Co., Ltd. is the only national payment network in China, with more than 1 billion cards issued on its network. China Unionpay cards are accepted in 26 countries and regions, including Hong Kong, Macau, Japan, Korea, Germany, France and Australia. Discover Partners Grow Revenue
Merchants, financial institutions and other ATM owners that accept Discover Cards gain new opportunities to serve Chinese travelers -- the fastest-growing segment of the U.S. tourism market*. Cardmembers On-the-Go
Our alliance with China Unionpay will add access to another important region of the world that is growing in popularity with travelers. This alliance delivers acceptance of Discover cards at more than 1 million merchant locations and 180,000+ ATMs within mainland China. New Cards on the Network You KnowChina Unionpay transactions are treated the same as any other Discover transaction, in accordance with Discover Operating Rules and Regulations and Dispute Rules. China Unionpay cards do not carry Discover acceptance marks, but instead will display the China Unionpay acceptance mark. For more information, visit en.chinaunionpay.com *Source-U.S. Department of Commerce, 1995. |
||