China’s UnionPay International (UPI) has forged a partnership with Abu Dhabi Islamic Bank (ADIB) to enable contactless payments across the UAE.
Under this partnership, UnionPay has enabled its card and contactless payments on ADIB’s 15,000 near-field communications (NFC) terminals in the Kingdom.
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These terminals are installed at several businesses including hospitals, hotels, government, supermarkets and others.
UnionPay has been pushing for contactless and online payments solutions around the world, to protect customers amid the ongoing Covid-19 pandemic.
The Islamic lender’s all point-of-sale (POS) terminals are enabled with contactless payment service.
The services include contactless payment through UnionPay chip cards and Mobile QuickPass payment interfaces such as Apple Pay, and Huawei Pay.
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By GlobalDataMoreover, the transaction limit was also increased to AED500 ($136). Additionally, UnionPay offers extended benefits to its local partners.
It has executed policies to help increase the chargeback window and ease the financial pressure for local merchants impacted by the pandemic.
UnionPay has enabled card acceptance in 179 countries and regions, of which it operates its issuance business in 61 countries and regions.
Earlier this month, Australian supermarket chain Coles Group partnered with UnionPay to provide its customers with a new payment method.
Last month, UnionPay rolled out QR code-based payment facility for its merchant clients in Australia and New Zealand.
