UnionPay spreading wings beyond China
Tourists from China who travel to various destinations in Asia may soon find a familiar sign welcoming them at busy airports and sprawling stores. The logo of UnionPay, the Chinese payment solutions provider, is now prominently visible at the round-the-clock fast fashion retailers of Dongdaemun in Seoul and even in the duty-free stores at the sprawling Changi Airport in Singapore.
With a swipe of the UnionPay card, travelers can pay taxi fares, shop at the VIP lounges in shopping malls, or even dine on Bak Kut The - a famous Malay dish - at nameless fishcake stalls.
Sam Zhao, senior manager of business development with Valiram Group at Resorts World Sentosa in Singapore, says UnionPay cardholders are shopping so generously that no merchant can resist acceptance of the card.
