China UnionPay signs memo with Singapore Tourism Board to expand bankcard service

Xinhua, 8 Sep 2010
BEIJING, Sept. 8 (Xinhua) -- China UnionPay Co. Ltd. (CUP), a Chinese bankcard services provider, announced Wednesday it has signed a memorandum with Singapore Tourism Board (STB) to further facilitate CUP bankcard services in the city-state. According to the memorandum, both sides agreed to jointly promote the use of CUP bankcards in Singapore and will look to expand their cooperation to other countries and regions. Full story