With the development of China's bank card industry, bankcard acceptance environment has continued to improve, and bankcards have increasingly become payment methods widely accepted by merchants and cardholders. According to the latest data from China UnionPay, in the first half of 2010, there were 250,000 newly added online merchants, which totaled more than 1.8 million, and 400,000 connected POS terminals, which totaled more than 2.8 million. The total amount increased by 34.1% and 33.8% respectively over the same period of last year.
According to analysis by China UnionPay, in the first half of 2010, the acceptance of banking card acceptance environment showed the characteristics of universal development in the country and accelerating progress in key areas. The Yangtze River Delta region benefited from the effects of the Expo, as well as the vast number of secondary cities, developed counties, and rural areas. Bankcard acceptance of environmental construction is significantly faster.
Around the World Expo financial services, China UnionPay co-banking card industry, in Shanghai, Jiangsu, Zhejiang and other Yangtze River Delta regions, has further strengthened the promotion of bank card processing terminals in key regions, key merchants and important industries. In the first half of the year, 40,000 new online merchants were added, and 54,000 networked POS terminals were added, which were 38.5% and 39.1% higher than the same period of last year, and merchants’ growth rate was 5 percentage points higher than the national average. As of the end of June, there were 350,000 networked merchants in the Yangtze River Delta region and 670,000 connected POS terminals, and the number of per capita terminals was at the forefront of the country. Except popular business street and major merchants generally accepting bank cards, bank card applications in the key areas of people's livelihood such as transportation, tourism, and medical care have achieved important breakthroughs and rapid development. Among them, Shanghai Railway Station, Shanghai South Railway Station, Wuxi Railway Station, Suzhou Railway Station, and Hangzhou Railway Station under the jurisdiction of the Shanghai Railway Administration have realized swiping of train tickets; the largest bus terminal in Shanghai, 7 prefecture-level long-distance bus stations in Zhejiang Province, and 14 cars in Jiangsu Tickets were accepted at the bus terminal; bank cards were also used at 38, 43 and 42 major tourist attractions in Shanghai, Jiangsu and Zhejiang respectively, and 438, 1184 and 643 hospitals were able to purchase credit cards for payment. medicine.
At the same time, in order to better facilitate people's livelihood and serve agriculture, rural areas and commercial banks, China UnionPay and commercial banks have taken effective measures to actively promote the extension of UnionPay card acceptance networks to secondary cities, developed counties and cities, and rural areas, and improve these areas. Payment environment. On the one hand, China UnionPay actively strives for policy support and resources input from various local governments. It also forms partnerships with commercial banks such as the Agricultural Bank of China and China Postal Savings Bank to handle market construction cooperation. Marketing, credit card prizes, secondary city development business training, cashier training awards, and organizing card swiping barrier-free demonstration zones (townships) to create events and other forms, quickly expanding the acceptance of merchants, and promoting the popularization and application of bank cards.
As of the end of June 2010, 68,000 new merchants had been added to secondary cities in the country and below, totaling 524,000, and 112,000 newly added POS terminals, totaling 803,000 units. At the same time, 72,000 rural financial outlets throughout the country have opened "banking services for bankcards for peasant workers". Through this business, rural migrant workers can use UnionPay cards to easily make money from working places and withdraw funds from their homes.
China UnionPay sources stated that they will continue to associate industry-related participants, speed up the construction of a China UnionPay network that covers the entire country and expands internationally, and allow convenient and efficient bankcard payment to make greater contributions to serving the people's livelihood, promoting consumption, and serving China's economic and social development.