FIS’ electronics
payments subsidiary, NYCE Payments, has signed an agreement with
China UnionPay (CUP) to allow cardholders reciprocal access to ATMs
across both networks.

The deal will enable
NYCE ATM cardholders to conduct ATM withdrawals and balance
inquiries in China. In addition, more than 2.6bn CUP cardholders
will have access to the more than 360,000 NYCE network
ATMs.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more

Jianbo Cai, China
UnionPay executive vice president, said: “UnionPay attaches high
value to giving UnionPay cards as many access points to their funds
as possible. By enhancing the cooperation with its partners,
UnionPay is focusing on building broader acceptance in the
US.”

Neil Marcous, president,
NYCE Payments Network said: “Providing convenient cash access in
China to cardholders of NYCE’s 3,000 financial institutions and
NYCE ATM access to UnionPay’s substantial card base furthers the
NYCE strategy of expansion across the globe.”

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.