Payment processor for UnionPay

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pre3psi

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Sep 17, 2023
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Hello,

I m looking for a payment processor for my business which is based on Consultancy in IT for development software, and this in some countries, can be considered high risk. For sometimes i work with people in Europe, and payments has done in my bank account directly, Paysera in Lithuania. But for now, i look to extend my business to Asia, and I find that a lot of customer are using UnionPay cards. So, I'm looking for a payment processor provider that will help me to receive payments that sometimes can have 6-7 digits, depends on project and dificulty. I'm not really sure if i need a payment processor or a bank account with UnionPay card that can receive money. I also forget to say that my business is based in United Kingdom, but I can have also a headquarter in Delaware.
 
What is that special with UnionPay cards, I don't know them that's why I ask ?

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Alternative to Mastercard/Visa, and operate on Chinese Financial Rails (non-western).

One of my bank accounts is unionpay debit, one credit card unionpay. -> use them more than visa/mastercard in Asia.

For an EMI, perhaps Caribbean (lot of Unionpay cards are issued there under local dollar with front end dollars).

So might be a case that they offer commercial banking and payment processing.
 
wellington said:
Alternative to Mastercard/Visa, and operate on Chinese Financial Rails (non-western).

One of my bank accounts is unionpay debit, one credit card unionpay. -> use them more than visa/mastercard in Asia.

For an EMI, perhaps Caribbean (lot of Unionpay cards are issued there under local dollar with front end dollars).

So might be a case that they offer commercial banking and payment processing.
Click to expand...
Can you give some suggestion of banks that supports UnionPay with high volume transaction?
 
Bangkok Bank Thailand
Various Chinese/HK/Taiwan banks

Caribbean ~ NiBank.com
 
pre3psi said:
Hello,

I m looking for a payment processor for my business which is based on Consultancy in IT for development software, and this in some countries, can be considered high risk. For sometimes i work with people in Europe, and payments has done in my bank account directly, Paysera in Lithuania. But for now, i look to extend my business to Asia, and I find that a lot of customer are using UnionPay cards. So, I'm looking for a payment processor provider that will help me to receive payments that sometimes can have 6-7 digits, depends on project and dificulty. I'm not really sure if i need a payment processor or a bank account with UnionPay card that can receive money. I also forget to say that my business is based in United Kingdom, but I can have also a headquarter in Delaware.
Click to expand...

You can try Silkpay. They offer UnionPay and accept high risk activities.

https://www.silkpay.eu/chinaunionpay
P.S ....Errr don't ask conf/(%

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Please note my posts should not be taken as financial or tax advice. Please seek professional advice in that respect.
 
Does someone worked with PecunPay business? Because i saw on official site of UnionPay that they are recognised as main providers in Europe?
 
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