Apple Adds UnionPay, China’s Largest Bankcard Network, To App Store Payment Options

 App Store customers in China can now link their UnionPay debit or credit cards to their Apple IDs for purchases, Apple announced today. This is significant for Apple and Chinese consumers because China UnionPay, a bankcard network approved by China’s State Council and the People’s Bank of China, enjoys a virtual monopoly. It has issued more than 4.5 billion cards in China, and… Read More