Visa UnionPay Deal Extends China Reach As Shares Flagged Undervalued
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Visa (NYSE:V) has announced a new partnership with UnionPay International to power cross border payments into mainland China via Visa Direct. The tie up enables real time payments and remittances to reach over 95% of UnionPay International debit cardholders in China. The move targets growing demand for instant payouts for freelancers, contractors, and families sending money into China. Visa, trading at $329.95 as of the last close, is positioned at the center of global electronic payments,...
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Visa (NYSE:V) has announced a new partnership with UnionPay International to power cross border payments into mainland China via Visa Direct. The tie up enables real time payments and remittances to reach over 95% of UnionPay International debit cardholders in China. The move targets growing demand for instant payouts for freelancers, contractors, and families sending money into China. Visa, trading at $329.95 as of the last close, is positioned at the center of global electronic payments,...