Yeah this looks very very compelling. Union Pay is a big deal -...

Yeah this looks very very compelling. Union Pay is a big deal - kind of like China's Visa/Mastercard.

Also, given that China is an almost developed nation, it is incredibly under-utilized when it comes to POS (Point of Sales) Credit Card Terminals. Most shopfronts, restaurants etc. only accept cash. This is despite the 400m plus credit cards in circulation.

There is a big gap in POS terminals, and it appears NNW has identified this and has worked towards filling the gap.

It can only be a positive step in the right direction.