We posted last week about the significance of Union Pay card
facilities for our Chinese tourists at the market - http://www.victraders.com/2013/11/important-card-facility-for-market.html
We understand that both CBA and NBA are contemplating Union Pay facilities for
their merchants.
The Commonwealth Bank advised us today that software
upgrades allowing the acceptance of Union Pay Credit cards were being gradually
introduced across the system with completion expected by early next year.
The updates are being introduced in batches and
unfortunately there is no way of jumping the queue even for premier tourist
spots like QVM. With over 100,000 Chinese
tourists visiting our market every year we are certainly a significant
destination for potential Union Pay users.
PAYWAVE – on a separate issue we can advise that CBA will
upgrade mobile EFTPOS terminals to PAYWAVE for a fee of $59. Simply ring the
CBA EFTPOS Help Desk on 1800 022 966.