UnionPay overtakes Visa in global debit card transactions – Nilson Report

from RT: The Chinese payment system has benefited from its expansion in Russia after US rivals left, research shows Chinese payment system UnionPay has overtaken rival Visa on the global debit card market, research by analytical company Nilson Report has found. According to the study, UnionPay’s share of debit card transactions reached 40.03% in 2022, while […]