Marcel van Oost的动态

Visa, Mastercard, and China UnionPay Transaction Volumes 2023 Let's dive in: Card services tend to be imagined as a duopoly between Visa and Mastercard. However, founded in 2002, China’s UnionPay surpassed Mastercard by transaction volume in 2017. In 2023, UnionPay recorded 228 billion transactions globally, now firmly in second place behind Visa (267 billion). According to Retail Banking Research, it also surpassed both Visa and Mastercard in terms of overall payment value as well ?? UnionPay’s largest market is China, where it’s the only interbank network, linking all the ATMs. It’s also worth noting that the majority of UnionPay transactions are debit transactions, though its credit card products are growing fast. ? American Express cards are less popular due to higher merchant fees, limiting their acceptance. Sources: Statista & Visual Capitalist Find this helpful? [ ???????????? ] Anything to add about this subject? [?????????????? ???? ??????????????] Nice story, Marcel. Next! [ ???????? ]?

Visa, Mastercard, and China UnionPay Transaction Volumes 2023 Let's dive in: Card services tend to be imagined as a duopoly between Visa and Mastercard. However, founded in 2002, China’s UnionPay surpassed Mastercard by transaction volume in 2017. In 2023, UnionPay recorded 228 billion transactions globally, now firmly in second place behind Visa (267 billion). According to Retail Banking Research, it also surpassed both Visa and Mastercard in terms of overall payment value as well ?? UnionPay’s largest market is China, where it’s the only interbank network, linking all the ATMs. It’s also worth noting that the majority of UnionPay transactions are debit transactions, though its credit card products are growing fast. ? American Express cards are less popular due to higher merchant fees, limiting their acceptance. Sources: Statista & Visual Capitalist Find this helpful? [ ???????????? ] Anything to add about this subject? [?????????????? ???? ??????????????] Nice story, Marcel. Next! [ ???????? ]?

Visa, Mastercard, and China UnionPay Transaction Volumes 2023 Let's dive in: Card services tend to be imagined as a duopoly between Visa and Mastercard. However, founded in 2002, China’s UnionPay surpassed Mastercard by transaction volume in 2017. In 2023, UnionPay recorded 228 billion transactions globally, now firmly in second place behind Visa (267 billion). According to Retail Banking Research, it also surpassed both Visa and Mastercard in terms of overall payment value as well ?? UnionPay’s largest market is China, where it’s the only interbank network, linking all the ATMs. It’s also worth noting that the majority of UnionPay transactions are debit transactions, though its credit card products are growing fast. ? American Express cards are less popular due to higher merchant fees, limiting their acceptance. Sources: Statista & Visual Capitalist Find this helpful? [ ???????????? ] Anything to add about this subject? [?????????????? ???? ??????????????] Nice story, Marcel. Next! [ ???????? ]?

Visa, Mastercard, and China UnionPay Transaction Volumes 2023 Let's dive in: Card services tend to be imagined as a duopoly between Visa and Mastercard. However, founded in 2002, China’s UnionPay surpassed Mastercard by transaction volume in 2017. In 2023, UnionPay recorded 228 billion transactions globally, now firmly in second place behind Visa (267 billion). According to Retail Banking Research, it also surpassed both Visa and Mastercard in terms of overall payment value as well ?? UnionPay’s largest market is China, where it’s the only interbank network, linking all the ATMs. It’s also worth noting that the majority of UnionPay transactions are debit transactions, though its credit card products are growing fast. ? American Express cards are less popular due to higher merchant fees, limiting their acceptance. Sources: Statista & Visual Capitalist Find this helpful? [ ???????????? ] Anything to add about this subject? [?????????????? ???? ??????????????] Nice story, Marcel. Next! [ ???????? ]?

Visa, Mastercard, and China UnionPay Transaction Volumes 2023 Let's dive in: Card services tend to be imagined as a duopoly between Visa and Mastercard. However, founded in 2002, China’s UnionPay surpassed Mastercard by transaction volume in 2017. In 2023, UnionPay recorded 228 billion transactions globally, now firmly in second place behind Visa (267 billion). According to Retail Banking Research, it also surpassed both Visa and Mastercard in terms of overall payment value as well ?? UnionPay’s largest market is China, where it’s the only interbank network, linking all the ATMs. It’s also worth noting that the majority of UnionPay transactions are debit transactions, though its credit card products are growing fast. ? American Express cards are less popular due to higher merchant fees, limiting their acceptance. Sources: Statista & Visual Capitalist Find this helpful? [ ???????????? ] Anything to add about this subject? [?????????????? ???? ??????????????] Nice story, Marcel. Next! [ ???????? ]?

Visa, Mastercard, and China UnionPay Transaction Volumes 2023 Let's dive in: Card services tend to be imagined as a duopoly between Visa and Mastercard. However, founded in 2002, China’s UnionPay surpassed Mastercard by transaction volume in 2017. In 2023, UnionPay recorded 228 billion transactions globally, now firmly in second place behind Visa (267 billion). According to Retail Banking Research, it also surpassed both Visa and Mastercard in terms of overall payment value as well ?? UnionPay’s largest market is China, where it’s the only interbank network, linking all the ATMs. It’s also worth noting that the majority of UnionPay transactions are debit transactions, though its credit card products are growing fast. ? American Express cards are less popular due to higher merchant fees, limiting their acceptance. Sources: Statista & Visual Capitalist Find this helpful? [ ???????????? ] Anything to add about this subject? [?????????????? ???? ??????????????] Nice story, Marcel. Next! [ ???????? ]?

Card services tend to be imagined as a duopoly between Visa and Mastercard. However, founded in 2002, China’s UnionPay surpassed Mastercard by transaction volume in 2017 ?? In 2023, UnionPay recorded 228 billion transactions globally, now firmly in second place behind Visa (267 billion). According to Retail Banking Research, it also surpassed both Visa and Mastercard in terms of overall payment value as well. UnionPay’s largest market is China, where it’s the only interbank network, linking all the ATMs. It’s also worth noting that the majority of UnionPay transactions are debit transactions, though its credit card products are growing fast. ? American Express cards are less popular due to higher merchant fees, limiting their acceptance. Check out the visual below for Visa, Mastercard, and China UnionPay's Transaction Volumes in 2023?? Sources: Statista & Visual Capitalist - https://lnkd.in/d_BaJzVy Find this helpful? [ ???????????? ] Anything to add about this subject? [?????????????? ???? ??????????????] Nice story, Marcel. Next! [ ???????? ]

Card services tend to be imagined as a duopoly between Visa and Mastercard. However, founded in 2002, China’s UnionPay surpassed Mastercard by transaction volume in 2017 ?? In 2023, UnionPay recorded 228 billion transactions globally, now firmly in second place behind Visa (267 billion). According to Retail Banking Research, it also surpassed both Visa and Mastercard in terms of overall payment value as well. UnionPay’s largest market is China, where it’s the only interbank network, linking all the ATMs. It’s also worth noting that the majority of UnionPay transactions are debit transactions, though its credit card products are growing fast. ? American Express cards are less popular due to higher merchant fees, limiting their acceptance. Check out the visual below for Visa, Mastercard, and China UnionPay's Transaction Volumes in 2023?? Sources: Statista & Visual Capitalist - https://lnkd.in/d_BaJzVy Find this helpful? [ ???????????? ] Anything to add about this subject? [?????????????? ???? ??????????????] Nice story, Marcel. Next! [ ???????? ]