Shulou(Shulou.com)11/24 Report--

CTOnews.com January 2 news, China UnionPay yesterday released the 2023 New year's message. Data show that China UnionPay has distributed consumption coupons through Cloud Flash App in more than 280 cities, and the "helping Merchants Huimin Red Fire Program" covers more than 9 million merchants.

According to the data of China UnionPay, more than 25 million merchants of Alipay and Wechat have been opened to UnionPay; the UnionPay network has been extended to 181 countries and regions, and the overseas issuance of UnionPay cards has exceeded 200 million.

In terms of security, China UnionPay said that the overall fraud rate of UnionPay remained among the lowest in the world throughout the year, with Cloud Flash App covering all provinces and cities with one click.

CTOnews.com learned that China UnionPay said that it would promote the construction of cloud flash payment network payment platform to get off to a good start, providing payment, scenario, marketing and risk control services for 19 banks; we jointly issued more than 70 unbounded card products from 36 banks, and the cumulative number of digital cards issued exceeded 45 million.

Referring to 2023, China UnionPay said that it will speed up the transformation of cloud flash App, continue to vigorously promote cloud flash network payment platform, build a global payment brand on its own, do a good job in all aspects of cross-border personnel flow recovery key node services, speed up the construction of cross-border clearing system and technical guarantee system, and accelerate the increase of global market share. Capacity building will be further strengthened and digital payment capabilities such as transfer clearing, science and technology, data, and risk control will be upgraded in all directions.

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