US Bankcards Services, Inc. Prepares US Merchants for Chinese Tourist Boom with Partnership with China UnionPay

US Bankcard Services, Inc. is formally cooperating with China UnionPay (CUP) in the U.S. Founded in March 2002, China UnionPay is the sole domestic bankcard organization in China, operating under the approval of the People's Bank of China. The partnership allows US Bankcard Services, Inc. merchants the option of accepting CUP debit/credit cards. Join US Bankcard Services, Inc. now to take advantage of the booming Chinese tourist market, forecasted to reach 579,000 Chinese travelers to the US by 2011.

City of Industry, CA (PRWEB) December 28, 2009 -- China has one of the largest and fastest growing economies in the world today. This booming economic giant now has an increasing number of people with disposable income who are eager to purchase goods and services internationally. According to the US Department of Commerce, the number of Chinese travelers for the purposes of leisure, holidays, and vacations have increased 4% between 2007 and 2008, while other purposes (professional, business, visiting relatives) have all decreased. In addition, each tourist from China spent an average of $6,000 USD per visit in 2006.* US Bankcard Services, Inc. is now formally cooperating with China UnionPay in the United States, and offers its merchants the option of accepting China UnionPay (CUP) debit/credit cards. Join US Bankcard Services, Inc. now to take advantage of the growing Chinese tourist market, forecasted to reach 579,000 Chinese travelers to the US by 2011, and 100 million travelers world-wide by 2020. According to an MSNBC, increased disposable income, averaging $4,500 a year in major Chinese cities, has made travel a luxury, often viewed as a status symbol. Due to this rise in disposable income, American cities and businesses are gearing up to profit from this imminent tourist boom. Accepting CUP debit/credit cards is a great opportunity to increase revenue, as most Chinese tourists carry CUP cards instead of a considerable amount of cash. China UnionPay is the only association of China's bankcard industry established with the approval of the People's Bank of China. Headquartered in Shanghai and founded in March 2002, CUP has already issued more than 2 billion debit/credit cards**

US Bankcard Services, Inc. can help merchants accept CUP cards with minimal transaction fee and set-up costs. Transactions are processed securely and electronically at the point-of-sale and the amount is conveniently and directly deducted from the cardholder's account and then deposited into the merchant account. In addition, there is no pre-set limit to the amount a cardholder can spend, other than what is available in his/her account. For a limited time, receive a free credit card terminal and start accepting CUP cards now! Just call US Bankcard Services, Inc.'s Customer Service at 888-888-8USA and ask about CUP.