Core Insights - China UnionPay has reserved the iTAP (Intelligent Touchless Proximity) protocol in its next-generation smart terminal development roadmap, indicating a strategic focus on enhancing payment technology [1] - The company plans to integrate the iTAP protocol into all new terminals and will also upgrade existing terminals to support this technology [1] - UnionPay has expanded its services to 183 countries, issuing nearly 9.1 billion UnionPay cards, showcasing its global reach and influence in the payment industry [1] Group 1 - China UnionPay is leading the development of smart terminal technology with a focus on the iTAP protocol [1] - The company aims to combine global payment applications with the iTAP protocol in international markets [1] - The integration of iTAP will enhance the functionality of both new and existing payment terminals [1] Group 2 - UnionPay has successfully promoted its card issuance and payment acceptance in 183 countries [1] - The issuance of approximately 9.1 billion UnionPay cards highlights the company's significant market presence [1] - The strategic initiatives reflect UnionPay's commitment to advancing payment technology and expanding its global footprint [1]