Tuition & Higher Education

Approximately 380,000 students from China are currently studying in the US. Their annual spend is nearly $10B.

Travel &

In 2019 Chinese visitors in the US exceeded 3.2M. Online travel agencies have seen up to a50% increase in daily transactions once they started accepting UnionPay cards.

Luxury Goods

Western goods have become increasingly popular in Asia. Expected spend on luxury goods in the US is forecasted at $4.0B

UnionPay Processing with Payverse

Payverse’s transaction approvals for UnionPay eCommerce is up to 85%! (currently around 45% in the US)

Payverse enabled all debit, credit, and dual branded card in the US! (Most competitors only do credit)

Payverse is a Preferred UnionPay Partner
Compliance is our responsibility!

We enable the preferred cards of UnionPay cardholders for large ticket purchases

Payverse has US Bank Sponsorship and is fully compliant with card brand rules

The Opportunity
U.S. merchants that accept UnionPay cards are restricted in the number of UnionPay cards they can process. Additionally, UnionPay cards in the U.S. have low approval rates and low margin for commercial payments.

At the same time, UnionPay has issued more than 9 billion debit and credit cards--more than Visa and Mastercard combined--since 2002. Of these 9+ billion UnionPay cards, more than 60% are debit cards that can only be processed through specific UnionPay networks, such as Payscout.

That means U.S. merchants are potentially missing out on millions of dollars in transactions for UnionPay cardholders, both in the U.S. and across the globe through e-commerce acceptance.

The Solution
Payverse designed and built a comprehensive payments platform that supports every aspect of the customer lifecycle, specializing in global e-commerce payment acceptance. Our end-to-end lifecycle management solution spans the sales process, onboarding, risk management, transaction processing, funding, statements, and reporting. All of this with the power of choice for our customers.

The Payverse platform is scalable--from a turnkey API-friendly solution to a white-label,
full-scale operations solution, we've thought of everything our clients need across several channels including UnionPay International members, payment processors, direct merchants, ISV/tech partners, ISO agents, and wholesale ISOs.

Addressable Market

UnionPay leads global card brands in both number of cards in circulation, as well as purchase volume. However, they have low CNP acceptance in the US, and most cards cannot be used in the US Market.

Who we serve

Our Channels

UnionPay International organizations in need of a U.S. sponsor bank.
Wholesale ISOs & Processors
Merchant acquirers and processors that want to add broader UnionPay acceptance to their portfolios.
ISOs & Agents
Merchant acquirers that want to add broader UnionPay acceptance by differentiating their platform.
ISV & Technology Partners
Software providers that want to add UnionPay payments to their software platforms.
Direct Merchants
Merchants that want to add UnionPay acceptance to their current payment processing capabilities.
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