UnionPay cross-border transactions surge in Spring Festival spree

Updated 2017-02-04 09:20:17 Xinhua

The Chinese splurged this Spring Festival with the number of UnionPay overseas transactions rising nearly 40 percent year on year, the operator revealed Friday.

The total volume of transactions at home and abroad through China UnionPay cards was 462 billion yuan (67.2 billion U.S. dollars) during the seven-day holiday from Jan. 27 to Feb. 2.

The number of overseas transactions surged mostly in Asia, Europe and North America, the most popular travel destinations for Chinese people.

As Chinese tourist numbers grow, more foreign hotels, restaurants and stores have started to take UnionPay cards.

China UnionPay is responsible for all bank card transactions on the Chinese mainland and has extended its reach to 150 countries and regions.

Also in the News

Nicole Kidman Recalls Oscar Glory: Loneliest Time
Showbiz2016/06/16 13:58July 24 2017 04:27:29

Nicole Kidman Recalls Oscar Glory: Loneliest Time

Attending Shanghai International Film Festival, Nicole Kidman talks about her role in "Grace of Monaco".

Labor Day Travel Peak Starts
Also in the News2014/05/01 12:16July 24 2017 04:27:29

Labor Day Travel Peak Starts

Johnny Depp Delivers a Speech 'Evolve the Future' in 'Transcendence'
Also in the News2014/04/18 13:18July 24 2017 04:27:29

Johnny Depp Delivers a Speech 'Evolve the Future' in 'Transcendence'

Hollywood star Johnny Depp's speech in the upcoming new film "Transcendence" has been disclosed on Friday, April 11th.

Most Watched

News:
China World Business Sports Showbiz Audio
Video:
C4 My Chinese Life The Sound Stage China Revealed Showbiz Video Travel Video
Photos:
China World Fun Travel Entertainment Sports
Travel:
Beijing Shanghai Guangzhou
Lifestyle:
Live Music Opera & Classical Movies Traditional Shows Exhibitions
Learn Chinese:
Chinese Studio Living Chinese Everyday Chinese Just For Fun Chinese Culture Buzzwords