Global Payments Asia- Pacific Limited, a joint venture between HSBC and U.S.-based Global Payments Inc., has launched China UnionPay card acceptance service to merchants in Malaysia.

This service allows the merchants to accept electronic card payments from CUP cardholders at their stores. The launch marks an extension of Global Payments’ CUP card acceptance programme, which previously had been offered in Hong Kong and Macau.

With more than 1.8 billion CUP cards in circulation and the rising number of Chinese tourists visiting Malaysia, this new service empowers Malaysian merchants to capture the fast growing spends of these Chinese visitors, who today pay mostly with cash. Merchants in Malaysia can add the CUP card acceptance functionality to their existing Global Payments point-of-sale terminals through a simple and free re-programming.

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