China-UnionPay recently launched Shop The World which gives foreign merchants access to the Chinese eCommerce consumer market. UnionPay has partnered with a select few payment processors in the United States to facilitate payments from US based merchants who are looking to sell their products in the Chinese market. The Chinese consumer market is the largest and fastest growing in the entire world. In addition, UnionPay is the most widely issued card type in the world and almost all Chinese citizens have one. UnionPay is owned and operated by the Chinese government and they keep tight restrictions on foreign sellers by making all sales route through http://haigou.unionpay.com/ (Shop The World). Even with the restrictions placed on foreign sellers this new opportunity from UnionPay to access the Chinese online payments market is groundbreaking and many major US businesses have jumped at the opportunity. Bravertek specializes in UnionPay acceptance services. To learn more contact us today.
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