CUP Data Signs Credit Processing Agreement With China Postal Savings Bank

TSYS has announced that China UnionPay Data Services (CUP Data), TSYS’ joint venture with China UnionPay, has signed a credit card processing agreement with China Postal Savings Bank, China’s fifth largest lender. China Postal Savings Bank holds more than US$200bn in deposits and has more than 36,000 branches throughout every city in China. Terms of the multi-year agreement were not released.

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