UnionPay comes to Braintree merchants (PYPL)
|09/20/2016||Posted by BusinessMediaguide.Com under General World News||
PayPal-owned payment gateway Braintree announced that it will enable its European merchants to begin accepting purchases via China UnionPay, China’s state-run card network, according to a company blog post.
Braintree merchants in most European countries will be able to easily enable UnionPay acceptance through the Braintree software development kit (SDK). The move could ultimately be a boost for PayPal and its subsidiaries in Europe.
European merchants have reason to look for ways to more easily attract Chinese shoppers.