UnionPay Enablement

Addressable Market

Global cards in Circulation
Purchase Volume by card
UnionPay leads global card brands in both number of cards in circulation, as well as purchase volume.

UnionPay Processing with Payverse

Payverse enables all UnionPay debit, credit, and dual branded cards in the US! (Most competitors only do credit).

Payverse has an approval rate of up to 85% for UnionPay eCommerce transactions, which is significantly higher than the current rate of around 45% in the US.

Payverse has been recognized as a Preferred UnionPay Partner. Payverse assumes responsibility for compliance and ensures that all transactions meet the requisite standards and regulations.

We enable the preferred cards of UnionPay cardholders for large ticket purchases.

Payverse has US Bank Sponsorship and is fully compliant with card brand rules.

Who we serve

Our Clients

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Sponsorship

UnionPay International organizations in need of a U.S. sponsor bank.

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Wholesale ISOs & Processors

Merchant acquirers and processors that want to add broader UnionPay acceptance to their portfolios.

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ISOs & Agents

Merchant acquirers that want to add broader UnionPay acceptance by differentiating their platform.

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ISV & Technology Partners

Software providers that want to add UnionPay payments to their software platforms.

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Direct Merchants

Merchants that want to add UnionPay acceptance to their current payment processing capabilities.

Verticals

Tuition & Higher Education

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Approximately 380,000 students from China are currently studying in the US. Their annual spend is nearly $10B.

Travel & Entertainment

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In 2019 Chinese visitors in the US exceeded 3.2M. Online travel agencies have seen up to a 50% increase in daily transactions once they started accepting UnionPay cards.

Luxury Goods

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Western goods have become increasingly popular in Asia. Expected spend on luxury goods in the US is forecasted at $4.0B

Video Games

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The total global market size is $365 Billion dollars. Gamers want the most seamless payment experience.