Article: Malaysia : Global Payments Asia-Pacific Launches China Unionpay Card Acceptance Service in Malaysia.

Byline: Mamta03

Global Payments Asia- Pacific Limited ("Global Payments"), a joint venture between The Hongkong and Shanghai Banking Corporation Limited ("HSBC") and U.S.-based Global Payments Inc. (NYSE: GPN), has launched China UnionPay ("CUP") card acceptance service to merchants in Malaysia. This service allows the merchants to accept electronic card payments from CUP cardholders at their stores. The launch marks an extension of Global Payments CUP card acceptance programme, which previously had been offered in Hong Kong and Macau.

With more than 1.8 billion CUP cards in circulation and the rising number of Chinese tourists visiting Malaysia, this ...

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