CHINA | Chinese bank card organisation China UnionPay (CUP) has expanded its payment service in Peru by entering an agreement with payment service provider Procesos MC.
CUP has introduced its online payment services in more than 10 countries and regions in Latin America.
Procesos MC covers almost 55,000 merchant stores in Peru, including hotels, catering services and shops. China UnionPay is the national bankcard association in China, responsible for operating the unified inter-bank clearing and settlement system and developing the international acceptance network for the China UnionPay card. CUP cards are currently accepted in 135 countries and regions worldwide.
Article sourced from the paypers on November 19th 2012