CUP Data signs credit processing agreement with China Postal Savings Bank

China Postal Savings Bank holds more than US$200 billion in deposits and has more than 36,000 branches.

China Postal Savings Bank holds more than US$200 billion in deposits and has more than 36,000 branches.

TSYS announced that China UnionPay Data Services Co., Ltd. (“CUP Data”), TSYS’ joint venture with China UnionPay, has signed a credit card processing agreement with China Postal Savings Bank, China’s fifth largest lender.
China Postal Savings Bank holds more than US$200 billion in deposits and has more than 36,000 branches.

Terms of the multi-year agreement were not released.