Industry
Shinsegae Duty Free teams up with UnionPay to attract Chinese travelers
Aug. 30, 2018
Retail giant Shinsegae Group’s duty-free operator Shinsegae Duty Free said Thursday that it has partnered with UnionPay to attract more Chinese travelers and provide an easier payment option. UnionPay, a Chinese financial services company established in 2002, is a major bank card service provider in mainland China. As of last year, up to 16,000 trillion won ($14 trillion) of transactions were made through UnionPay. The UnionPay app, which allows users to pay via QR codes, currently has an accumu