Nov. 19, 2018
UnionPay International, a subsidiary of China UnionPay, is launching a mobile payment next year in Sri Lanka, according to a company press release. UnionPay plans to launch its QR code payment system as part of an agreement with Cargills Group, the largest retail and FMCG group in Sri Lanka. It will be added to the Cargills' e-wallet with plans for a rollout during the first half of next year.
UnionPay is accepted at major tourist cities, including Columbo, Kandy, Galle and Matale, and about 2,000 merchants, including restaurants, department stores and supermarkets support it.
UnionPay's QuickPass service, which allows users to pay with a contactless swipe, is accepted at more than 2 million POS terminals across 30 countries and regions outside of mainland China. The UnionPay QR code payment is accepted at more than 60,000 merchants across 23 nations and regions outside of China.
Topics: Mobile/Digital Wallet, Region: APAC
Companies: UnionPay International, China UnionPay
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