Alpha Payments Cloud and China Union Pay have announced that Alpha Payments Cloud are now certified as a TPSP (Technical Payment Service Provider).
This important certification will give APCs International Banks and Merchants access to China Union Pay’s network of UnionPay cards. Now gateways, banks and merchants can integrate to APC to receive instant access to CUP, along with any and every other payments solution they require via one simple integration.
“China UnionPay acceptance is becoming increasingly critical in the online world,” commented Rónán Gallagher, Head of Product with Alpha Payments Cloud. “Through our certification, APC will enable our network of partner banks and their merchants to gain access to a large customer base of China UnionPay cardholders who wish to transact online with international merchants. It is our goal for all parties in the payments ecosystem to look at us as the first logical step to integrate and gain access to any and every product they need, as such CUP certification was a necessary and logical addition.”
Whitepapers
Related reading
5 ways blockchain can change the cross-border payments landscape
Cross-border payments is a changing sector of the industry, driven by customers demanding little to no friction and encountering multiple steps, intermediaries ... read more
The SME technology revolution | video
The UK is home to 5.4m micro SMEs that have fewer than nine employees, according to the House of Commons library. They ... read more
JP Morgan blockchain network showcases banks’ DLT progress
JP Morgan’s expansion of its blockchain-based interbank payments project signals that major banks are stealing a march on disruptors and startups by ... read more
Security a priority for EU’s INATBA blockchain taskforce
The European Commission’s new blockchain initiative, the International Association for Trusted Blockchain Applications (INATBA), should focus on quashing extant security concerns around ... read more
