Monday, December 17, 2012
UnionPay, Discover, Cardinal team for online shopping
China UnionPay, which reportedly has issued more than 3.2 billion bankcard worldwide, will now give Chinese shoppers with UnionPay cards the ability to make online purchases at the websites of participating Discover Financial Services merchants. Integration will be achieved through the CardinalCommerce technology-neutral platform, the companies said.
UnionPay's UnionPay Online Payments (UPOP) e-commerce solution was developed in response to the need to offer UnionPay cardholders a safe, secure way to make purchases online around the world. Cardholders include numerous Chinese nationals studying in the United States. UPOP is expected to be available to Discover's merchants early in 2013, using the Cardinal's Centinel Universal Merchant Platform. Discover merchants already using Centinel can simply place the UPOP payment button on their checkout pages to support the new payment option; no implementation is required, and no changes are necessary to existing settlement and reporting from Discover, the companies noted.
Whether you want to upgrade your POS offerings, find a payment gateway partner, bone up on fintech regs or PCI requirements, find an upcoming trade show, read about faster payments, or discover the latest innovations in merchant acquiring, The Green Sheet is the resource for you. Since 1983, we've helped empower and connect payments professionals, starting with the merchant level salespeople who bring tailored payment acceptance and digital commerce tools, along with a host of other business services to merchants across the globe. The Green Sheet Inc. is also a proud affiliate of Bankcard Life, a premier community that provides industry-leading training and resources for payment professionals.
Notice to readers: These are archived articles. Contact information, links and other details may be out of date. We regret any inconvenience.
