How did UnionPay become the global debit card king?
https://thechinaproject.com/2023/05/31/how-did-unionpay-become-the-global-debit-card-king/
WEBMay 31, 2023 · In 2022, China’s UnionPay overtook Visa to become the world’s most popular provider of debit cards, according to a report by payments industry research firm The Nilson Report. UnionPay, a state-owned financial services firm based in Shanghai, managed to corner just over 40% of the global market, whereas Visa, the next-biggest …
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