Posts Tagged ‘cash advance’

China UnionPay Accused Of Facilitating Illegal Cash Advances

China UnionPay, the top domestic credit card organization in China, is now accused of facilitating illegal cash advances.
According to local media reports, under the rules of China UnionPay, businesses need to return only 0.5% to 2% of the total amount of consumption of a cardholder to the card issuing bank and China UnionPay, and the […]