UnionPay Rolls out Mobile Payment Services in South Asia

Sri Lanka has become a new market where UnionPay is rolling out its mobile payment service. After the launch of UnionPay QuickPass service in the country this August, UnionPay QR code payment service will be accepted soon.

Release time : 2018-11-19 10:40:40

source : UnionPay International

of UnionPay’s business, UnionPay International continues to enrich the acceptance scenarios of its mobile payment products, and have expanded the acceptance scope of the “UnionPay” app to transportation, hospitals, schools, cultural and entertainment establishments as well as restaurants. In addition, UnionPay is accelerating the process of business localization by launching innovative products overseas. Carrying out digital card issuance collaboration based on e-wallet products with overseas institutions, UnionPay is providing its safe and sufficient local and cross-border mobile payment service for more customers outside China. In this way, UnionPay continues to enhance its service capability outside mainland China while supporting payment upgrade of overseas markets.

China is the largest trading partner and the second largest tourist source of Sri Lanka. To date, UnionPay is accepted at the majority of merchants and ATM terminals in tourist-oriented cities like Colombo, Kandy, Galle and Matale, and about 2,000 merchants such as restaurants, department stores, supermarkets support UnionPay mobile QuickPass too. The partnership between UnionPay International and Cargills Group will realize the acceptance of UnionPay QR code payment at local retailers and daily consumption merchants, and will provide mobile payment offers for local customers to further enhance their payment experience..