"UnionPay online payments" Rose 164% over the holiday period

Absrtact: May 5 News, the data obtained from China UnionPay show that the 51 holiday (May 1 to May 3) has just ended, and the net purchase has become one of the main ways of customers ' shopping consumption of UnionPay card. During the holiday, UnionPay's online payment volume grew 164% per cent year-on-year

May 5 News, the data from China UnionPay to show that just concluded the "51" Holiday (May 1 to May 3), online shopping has become a UnionPay card users of the main way of consumption. During the holiday, "UnionPay online payments" increased by 164% in volume, with Cross-border sea-Amoy transactions increasing 140% year-on-year.

UnionPay said that, in addition to the increase in the sea Amoy turnover, by the holiday outbound travel pull, UnionPay card users "51" during the overseas offline consumption has also been a good growth.

UnionPay data shows that this year, "51" outbound tourism is still mainly short-term, holiday UnionPay card overseas transactions mainly concentrated in Hong Kong, Macao, South Korea and Thailand and other Southeast Asian short-term destinations, including the Japanese and Korean trade growth is most significant. And some tourism group also choose to fight false travel, this year, "51", the United States and Canada become the leader in the European and American markets, visitors use UnionPay card significantly higher than other regions.

With the Chinese sea Amoy market increasingly hot, credit card organizations are actively involved in the field of competition. Two of the biggest credit card giants, Visa and MasterCard, are on the front page, offering discounts for shopping through cooperation with overseas shopping websites, cooperating with transshipment companies, providing freight concessions and other ways to actively explore China's Amoy market.

In the face of Visa and MasterCard in the sea Amoy market menacing, China UnionPay also not to be outdone. In February this year, China UnionPay, in collaboration with the Amazon US station, launched a discount for the Chinese sea Amoy users who, after shopping in the Amazon, paid 62 of dollars with UnionPay credit cards issued in mainland China, with a 10% discount.

And according to the foreign introduction of China UnionPay, currently in addition to Amazon, ebay, Shopbop, Gmarket, Lotte and Bai Yi Jie and other overseas electric business website has also supported UnionPay card payment. And China UnionPay will be in the future for these sites to introduce corresponding concessions.

UnionPay released data show that this year "51" period, the total number of UnionPay card trans-bank transactions exceeded 220 billion yuan, an increase of 10%, trading pen reached 180 million, up 18%. And from the trade distribution of various industries, affected by the festival effect and business promotion, "51" during the supermarket and large household appliances consumption to maintain a rapid growth, the year-on-year growth rate of 22%, 12% respectively.

At the same time, the traffic and tourism sectors, which are closely related to holiday outings, have grown more eye-catching. During the 51-year period, the amount of business transactions of airlines, refueling and transport merchants increased by 23%, 55% and 20% respectively, and the amount of railway credit card purchase tickets increased by 73% Year-on-year. Cardholders travel during the tour, catering, hotel consumption and large scenic spot purchase ticket transaction amount, respectively, growth 4%, 12% and 20%.