What's New in Payments

UnionPay sets out its mobile payments rollout plans

UnionPay International launches mobile payment service platform to accelerate rolling out of its mobile payment worldwide — UnionPay — “UnionPay International will introduce Huawei Pay to the global markets this year, and Russia is expected to be the first country outside mainland China where Huawei Pay will be launched. In addition, UnionPay QR code payment will be available in Tajikistan, Japan, Cambodia and Suriname this year… UnionPay International is working with major institutions in Hong Kong, Kenya, and Nepal in jointly developing the international version of the UnionPay app.”