Visa, Mastercard, Amex transaction number in Asia-Pacific 2015-2023
The number of UnionPay transactions in Asia-Pacific was over three times as big as the combined number of card payments with Visa or Mastercard. The payment brand from China had consistently been the largest card scheme in the region - especially in its own nation. UnionPay's influence goes beyond China, however. The international variant of this card scheme reached a market share in South Korea of eight percent, a figure higher than American Express and JCB combined.
