China’s UnionPay Inks EMV Card Deal with Philippine’s Asia Payment Network

UnionPay has made new progress in driving the rollout of products and services in overseas markets through exporting technical standards after reaching chip card standard licensing cooperation with Asian Payment Network (APN). UnionPay International has signed a card issuance agreement with the Philippine switch network, BancNet. The two will jointly promote large-scale issuance of UnionPay…