US Bankcard Services Industry Blog

Tuesday, January 4, 2011

UnionPay - USBSI Tie Up

U.S. Bankcard Services, Inc. (USBSI), a leading nationwide Merchant Services Provider (MSP) for credit card processing, continues to think globally but act locally. USBSI continues to develop leveraged partnerships with Global Brands. One such big brand partnership is China UnionPay. UnionPay, as it is sometimes called, is the sole domestic bankcard organization in China, operating under the approval of the People's Bank of China. It is backed by the People's Bank of China and has a global reach in 100s of countries. USBSI is formally cooperating with UnionPay in the U.S and abroad. This partnership allows USBSI merchants the option of accepting UnionPay debit card processing and credit card processing. This partnership wishes to take advantage of the booming Chinese tourist market, forecasted by 2011 to surpass 600,000 Chinese travelers to the U.S., whose dollar spending clout is in the billions. USBSI is formally cooperating with UnionPay, and both USBSI and UnionPay are continuing to forge deep relationships here and abroad. They will strive to offer the very best to their clients and partners alike. USBSI and UnionPay are acting in the present while looking far into the future. UnionPay has begun its market entry in Los Angeles, San Francisco, Las Vegas, New York to name a few plus many more major cities in the USA. UnionPay has grand designs to be included as a major player in the United States and partnering with USBSI will make those designs into leverage-able business opportunities and then into a clear and present reality. You too can accept UnionPay credit and debit cards.