China UnionPay and Amex expand co-operation
China UnionPay and American Express today announced that they have signed a memorandum of understanding that calls for both companies to explore the expansion of their current cooperative activities.
0
External
This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author.
For the past several years, China UnionPay and American Express have cooperated within China where American Express Cards run on the China UnionPay network. This new MOU will establish working teams to develop potential new areas of cooperation between the two companies within China and in markets outside of China.