SunCar Technology Group (SDA) announced its selection as the exclusive provider for the Visa (V) Concierge Car Service Project, establishing a pivotal partnership with global payments leader Visa. This strategic alliance positions SunCar to deliver premium airport and high-speed rail transfer services to Industrial and Commercial Bank of China’s high-net-worth cardholders nationwide, opening significant new revenue channels in China’s lucrative premium services market. This partnership represents a substantial expansion of SunCar’s addressable market, providing direct access to ICBC’s coveted Platinum and Black Gold cardholders-an elite customer segment with individual assets exceeding $1.1M and credit card spending limits above $275,000.
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