PayPal to enable China UnionPay acceptance in Europe

PayPal announced that it will enable China UnionPay credit and debit card acceptance by European merchants, creating opportunities for European merchants to engage in cross-border ecommerce with cardholders of China's largest card network.  Acceptance will be enabled though an enhancement to PayPal subsidiary Braintree's mobile commerce platform. The cross-border ecommerce market for Chinese consumers is projected at [...]