Cryptocurrency Q&A Is UnionPay bigger than Visa?

Is UnionPay bigger than Visa?

CryptoPioneer CryptoPioneer Sun Dec 29 2024 | 7 answers 1676
I'm wondering if UnionPay, the Chinese payment card brand, has a larger market presence or influence compared to Visa, the global payments technology company. Is UnionPay bigger than Visa?

7 answers

MountFujiMystic MountFujiMystic Tue Dec 31 2024
UnionPay has emerged as a significant player in the global card transactions landscape.

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KatanaSharpness KatanaSharpness Mon Dec 30 2024
By 2023, UnionPay had recorded an impressive 228 billion transactions globally.

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SilenceSolitude SilenceSolitude Mon Dec 30 2024
Despite being founded in 2002, UnionPay has quickly risen through the ranks.

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BlockProducer BlockProducer Mon Dec 30 2024
This figure places UnionPay firmly in second place behind Visa.

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ethan_carter_engineer ethan_carter_engineer Mon Dec 30 2024
Visa, with 267 billion transactions, currently holds the top spot.

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