Search
00
GBAF Logo
trophy
Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

Subscribe to our newsletter

Get the latest news and updates from our team.

Global Banking & Finance Review®

Global Banking & Finance Review® - Subscribe to our newsletter

Company

    GBAF Logo
    • About Us
    • Profile
    • Privacy & Cookie Policy
    • Terms of Use
    • Contact Us
    • Advertising
    • Submit Post
    • Latest News
    • Research Reports
    • Press Release
    • Awards▾
      • About the Awards
      • Awards TimeTable
      • Submit Nominations
      • Testimonials
      • Media Room
      • Award Winners
      • FAQ
    • Magazines▾
      • Global Banking & Finance Review Magazine Issue 79
      • Global Banking & Finance Review Magazine Issue 78
      • Global Banking & Finance Review Magazine Issue 77
      • Global Banking & Finance Review Magazine Issue 76
      • Global Banking & Finance Review Magazine Issue 75
      • Global Banking & Finance Review Magazine Issue 73
      • Global Banking & Finance Review Magazine Issue 71
      • Global Banking & Finance Review Magazine Issue 70
      • Global Banking & Finance Review Magazine Issue 69
      • Global Banking & Finance Review Magazine Issue 66
    Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

    Global Banking & Finance Review® is a leading financial portal and online magazine offering News, Analysis, Opinion, Reviews, Interviews & Videos from the world of Banking, Finance, Business, Trading, Technology, Investing, Brokerage, Foreign Exchange, Tax & Legal, Islamic Finance, Asset & Wealth Management.
    Copyright © 2010-2026 GBAF Publications Ltd - All Rights Reserved. | Sitemap | Tags | Developed By eCorpIT

    Editorial & Advertiser disclosure

    Global Banking & Finance Review® is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    Home > Finance > SIX PAYMENT SERVICES SUPPORTS LAUNCH OF BANK OF CHINA’S NEW UNIONPAY EUROPE CARD BY ENSURING ACCEPTANCE BY MORE THAN 100.000 MERCHANTS IN 32 COUNTRIES
    Finance

    SIX PAYMENT SERVICES SUPPORTS LAUNCH OF BANK OF CHINA’S NEW UNIONPAY EUROPE CARD BY ENSURING ACCEPTANCE BY MORE THAN 100.000 MERCHANTS IN 32 COUNTRIES

    Published by Gbaf News

    Posted on November 23, 2016

    5 min read

    Last updated: January 22, 2026

    Image of Kim Leadbeater addressing the media about proposed changes to the UK's assisted dying law, emphasizing the removal of High Court judge sign-off to enhance the legislative process.
    Lawmaker Kim Leadbeater discusses UK's assisted dying law changes - Global Banking & Finance Review
    Why waste money on news and opinion when you can access them for free?

    Take advantage of our newsletter subscription and stay informed on the go!

    Subscribe

    Pan-European payment provider SIX Payment Services, Bank of China and UnionPay have joined forces to support the success of a new credit card, targeting Chinese travelers. European merchants will be able to benefit from the purchase power of a new generation of individual travelers, both in-store and in e-Commerce.

    The “Europe Card” card targets Chinese consumers traveling to Europe for business or leisure purposes. This audience has long been identified as very attractive, especially with high end merchants, who will also benefit from intensive card usage promotion: as an incentive during the launch phase, cardholders are eligible for up to 5% cash back for purchases at selected merchants. Thanks to the collaboration with SIX, Swiss jewelers Bucherer and Beyer are amongst these premium partners.

    The personnel featured in the image are as follows From left to right: Mr. Cai Jianbo (CEO Union Pay International) Mrs. Monique Jongmans (General Manager Gassan Diamonds Amsterdam) Mr. Jürg Weber (Division CEO Payment Services) Mr. Xu Luode (Executive Vice President Bank of China) Mr. Markus Baumgartner (Area General Manager Beyer Chronometrie AG) Mr. Urs Rüegsegger (Group CEO SIX) Mr. Hanspeter Schraner (CFO Bucherer AG)

    The personnel featured in the image are as follows
    From left to right:
    Mr. Cai Jianbo (CEO Union Pay International)
    Mrs. Monique Jongmans (General Manager Gassan Diamonds Amsterdam)
    Mr. Jürg Weber (Division CEO Payment Services)
    Mr. Xu Luode (Executive Vice President Bank of China)
    Mr. Markus Baumgartner (Area General Manager Beyer Chronometrie AG)
    Mr. Urs Rüegsegger (Group CEO SIX)
    Mr. Hanspeter Schraner (CFO Bucherer AG)

    The new Europe card is a further addition to the successful Bank of China’s “Travel Mate Credit Card” programme of approximately 2 million Cards, including Korea Card, Japan Card and USA Card, all based on the UnionPay scheme.

    SIX has been UnionPay’s European acquiring partner for 10 years now, during which UnionPay rose to number one card scheme worldwide, even surpassing Visa in 2015 in terms transaction volume and card population. In Switzerland alone, 90% of the merchant customers of SIX accept UnionPay cards. By adding UnionPay to its e-commerce portfolio SIX will enable its merchant customers to target Chinese consumers through their web channel, for example for individual travelers’ hotel bookings or online shopping.

    Commenting on the launch, Jürg Weber, Division CEO SIX Payment Services said: “We are pleased to extend our long-term partnership with UnionPay. The new Europe Card is a good incentive for Chinese tourists to shop at our merchants. Additionally, merchants benefit from a free advertising platform that directs Chinese consumers towards their stores in person or in the future also via e-commerce. I am proud that SIX Payment Services can provide the payment infrastructure for this innovative offering. Our aim is to help our merchants to increase their turnover and to enhance the shopping experience ofChinese visitors.”  

    Pan-European payment provider SIX Payment Services, Bank of China and UnionPay have joined forces to support the success of a new credit card, targeting Chinese travelers. European merchants will be able to benefit from the purchase power of a new generation of individual travelers, both in-store and in e-Commerce.

    The “Europe Card” card targets Chinese consumers traveling to Europe for business or leisure purposes. This audience has long been identified as very attractive, especially with high end merchants, who will also benefit from intensive card usage promotion: as an incentive during the launch phase, cardholders are eligible for up to 5% cash back for purchases at selected merchants. Thanks to the collaboration with SIX, Swiss jewelers Bucherer and Beyer are amongst these premium partners.

    The personnel featured in the image are as follows From left to right: Mr. Cai Jianbo (CEO Union Pay International) Mrs. Monique Jongmans (General Manager Gassan Diamonds Amsterdam) Mr. Jürg Weber (Division CEO Payment Services) Mr. Xu Luode (Executive Vice President Bank of China) Mr. Markus Baumgartner (Area General Manager Beyer Chronometrie AG) Mr. Urs Rüegsegger (Group CEO SIX) Mr. Hanspeter Schraner (CFO Bucherer AG)

    The personnel featured in the image are as follows
    From left to right:
    Mr. Cai Jianbo (CEO Union Pay International)
    Mrs. Monique Jongmans (General Manager Gassan Diamonds Amsterdam)
    Mr. Jürg Weber (Division CEO Payment Services)
    Mr. Xu Luode (Executive Vice President Bank of China)
    Mr. Markus Baumgartner (Area General Manager Beyer Chronometrie AG)
    Mr. Urs Rüegsegger (Group CEO SIX)
    Mr. Hanspeter Schraner (CFO Bucherer AG)

    The new Europe card is a further addition to the successful Bank of China’s “Travel Mate Credit Card” programme of approximately 2 million Cards, including Korea Card, Japan Card and USA Card, all based on the UnionPay scheme.

    SIX has been UnionPay’s European acquiring partner for 10 years now, during which UnionPay rose to number one card scheme worldwide, even surpassing Visa in 2015 in terms transaction volume and card population. In Switzerland alone, 90% of the merchant customers of SIX accept UnionPay cards. By adding UnionPay to its e-commerce portfolio SIX will enable its merchant customers to target Chinese consumers through their web channel, for example for individual travelers’ hotel bookings or online shopping.

    Commenting on the launch, Jürg Weber, Division CEO SIX Payment Services said: “We are pleased to extend our long-term partnership with UnionPay. The new Europe Card is a good incentive for Chinese tourists to shop at our merchants. Additionally, merchants benefit from a free advertising platform that directs Chinese consumers towards their stores in person or in the future also via e-commerce. I am proud that SIX Payment Services can provide the payment infrastructure for this innovative offering. Our aim is to help our merchants to increase their turnover and to enhance the shopping experience ofChinese visitors.”  

    More from Finance

    Explore more articles in the Finance category

    Image for Linde beats Q4 earnings expectations on higher pricing
    Linde beats Q4 earnings expectations on higher pricing
    Image for Swedish nuclear plans need direct state investment, Vattenfall says
    Swedish nuclear plans need direct state investment, Vattenfall says
    Image for Kremlin dismisses Western claims that Epstein was Russian intelligence asset
    Kremlin dismisses Western claims that Epstein was Russian intelligence asset
    Image for German cartel office bans Amazon from using price controls
    German cartel office bans Amazon from using price controls
    Image for European Investment Bank front loads 3 billion euros to soothe carbon market concerns
    European Investment Bank front loads 3 billion euros to soothe carbon market concerns
    Image for Lockmaker Assa Abloy says US residential market has hit a floor
    Lockmaker Assa Abloy says US residential market has hit a floor
    Image for Apple Ads and Apple Maps should not be designated under Digital Markets Act, says EU
    Apple Ads and Apple Maps should not be designated under Digital Markets Act, says EU
    Image for Germany's Evonik amends dividend policy as 2025 earnings meet forecast
    Germany's Evonik amends dividend policy as 2025 earnings meet forecast
    Image for EU court affirms right of EU countries to prohibit GMO crops
    EU court affirms right of EU countries to prohibit GMO crops
    Image for Hungary mulls extension of price controls, Orban's chief of staff says
    Hungary mulls extension of price controls, Orban's chief of staff says
    Image for UK sanctions Sudanese army and paramilitary leaders over ongoing conflict
    UK sanctions Sudanese army and paramilitary leaders over ongoing conflict
    Image for Exclusive-Syngenta targets up to $10 billion Hong Kong listing in 2026, sources say
    Exclusive-Syngenta targets up to $10 billion Hong Kong listing in 2026, sources say
    View All Finance Posts
    Previous Finance PostTHE EUROPEAN PAYMENTS MARKET UNDERGOING UNPRECEDENTED CHANGE, WITH INCREASED DISRUPTION SPURRING INNOVATION AND GROWTH
    Next Finance PostONLINE GAMING LICENSE IN CYPRUS