To tap the growing credit card processing market in China
TSYS, a provider of outsourced payment services, said that China UnionPay Data Services (CUP Data), TSYS’ joint venture with China UnionPay (CUP), has renewed its credit card processing contract with China-based China Minsheng Bank.
Yan Fang Wang, president of CUP Data, said: “We are proud to be part of the success China Minsheng Bank has achieved the past few years. We are committed to continuously supporting their success with our innovative and reliable solutions.”
Gaylon Jowers, president of TSYS International, said: “The credit card offerings of China Minsheng Bank are among the most popular selections in the Chinese market. We still see a tremendous opportunity for growth with CUP Data and are extremely pleased with the contract renewal.”