Union Pay is the preferred credit card used by Chinese
tourists. An official from the Commonwealth Bank has advised us that most of
their mobile EFTPOS machines should have been updated to accept Union Pay by
now.
A word of warning – the Commonwealth Bank’s charge rate for
Union Pay is 2.6%. That is a significant impost compared with the standard 1%
charge rate and may influence your ability to bargain with Union Pay card
users.
