UnionPay Offers Secure and Convenient Payment Service for Chinese Students Studying Abroad

SHANGHAI, Aug. 29, 2016 /CNW/ -- As the new semester begins, Chinese students who study overseas are going abroad. It is learnt that over 2,000 educational institutions outside mainland China accept UnionPay cards for tuition payment, and UnionPay payment service system has covered all aspects of students' daily study and life in major destinations.

Convenient payment in major study destinations

Now, 18 million merchants and 1.3 million ATMs in 160 countries and regions accept UnionPay cards. Over 300,000 POS terminals in Hong Kong, Macau, Taiwan, Australia, Canada, Singapore, and Korea support UnionPay mobile QuickPass, enabling students to pay with smartphones.

The US is students' first choice for overseas study. UnionPay credit cards are accepted at the campus bookstores in over 20 top colleges and universities. Almost all the local ATMs accept UnionPay cards, and 80% of the local merchants accept UnionPay credit cards. Students can pay with UnionPay cards at websites like Amazon and eBay. Some merchants, like B&H, provide exclusive privileges for students.

In Australia, UnionPay cards are accepted at 80% of ATMs and 65% of merchants, and over half of these merchants accept UnionPay mobile QuickPass. About 400 local institutions accept UnionPay cards offline.

With more Chinese students studying in the UK, most ATMs there accept UnionPay cards. Sixteen intuitions accept UnionPay cards to pay for tuition and accommodation. UnionPay cards are also accepted at the Student Service Centers, student dormitories and campus libraries.

UnionPay cards save the trouble of carrying cash and exchanging foreign currencies. Students can apply for UnionPay cards in 40 countries and regions to enjoy payment convenience and exclusive privileges.

Convenient cross-border online tuition payment

Students can also pay tuition online with UnionPay cards. First, via tuition payment platforms, such as peerTransfer (over 900 institutions), Western Union (over 400 institutions), and the five tuition payment platforms of Taiwan banks (95 institutions in all). Second, via the payment page at the institution's official website, including the over 700 schools covered by TMS and TouchNet, and universities in Hong Kong, Australia and New Zealand.

It is easy and quick to pay tuition with UnionPay cards online. Generally, the funds are credited into the account within three working days without any currency conversion fees, and UnionPay online payment comprehensively ensures payment security. Students can also enjoy multiple discounts and privileges when paying tuition with UnionPay cards online.

For more information: http://www.unionpayintl.com

SOURCE UnionPay International

Ms. Chen, Tel: [phone], http://www.unionpayintl.com