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December 17, 2015

China’s UnionPay Steps Into Mobile Payments In JV With UK Startup Powa

china-bubble On the heels of reports that Apple Pay is gearing up for a February launch of Apple Pay in China, the country’s biggest credit card company has entered into a JV with a mobile payments startup out of the UK to take its own steps into smartphone-based transactions. UnionPay, the state-run company that controls debit and credit card payments processing in China, has inked a 10-year… Read More

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