KUALA LUMPUR, Feb 8 -- Fiserv Inc, a leading global provider of payments and financial services technology solutions, has announced the expansion of its relationship with UnionPay International, a wholly-owned subsidiary of China UnionPay.
According to a statement, the collaboration will allow UnionPay to grow on a global scale by facilitating the issuance of virtual and physical UnionPay cards across international markets.
Additionally, UnionPay will leverage the footprint and global capabilities of Fiserv to enable more businesses outside of Mainland China to accept UnionPay cards.
“Our expanded relationship with UnionPay will allow more of our merchant clients to accept UnionPay Cards across their global footprint, broadening choice in how their consumers pay for goods, simplifying payments acceptance, and accelerating growth,” said head of Global Business Solutions at Fiserv, Suzan Kereere.
Meanwhile, UnionPay International Chief Executive Officer, Li Xiaofeng said: “Cooperation with Fiserv is an important step for UnionPay International to innovate its business development model and build a global network and an international brand.
“Going forward, UnionPay and Fiserv will deepen our cooperation in card issuance and global acceptance, and strengthen communication with major organisations that have been enabled on Fiserv platforms in order to facilitate business growth.”
To simplify how businesses and consumers conduct commerce, the two companies will expand UnionPay Card Issuing Globally and enable UnionPay Acceptance via Carat from Fiserv.
With a global footprint, Fiserv allows businesses like UnionPay to expand quickly and scale, leveraging innovation-focused global payments technology combined with local payment capabilities and expertise across key geographies.
-- BERNAMA
No comments:
Post a Comment