UnionPay International (“UPI” or “the Company”) has continued its rapid expansion in the European market. 90% of countries and regions in Europe, as well as all Schengen countries, already support UnionPay cards. The acceptance rate of UnionPay cards at point of sale (POS) in the region has increased to 80%, and the company’s continued expansion is making life even more convenient for UnionPay cardholders visiting Europe this summer. They are reminded to connect their UnionPay cards to their mobile phones for quick payments and efficient travel in popular destinations such as France, Germany, Switzerland, Italy, Spain, Hungary, and more.
UnionPay International has also recruited more than 6 million European merchant POS to support UnionPay QuickPass. Tourists can easily add their UnionPay cards to mobile wallets such as Huawei Pay and Apple Pay to easily tap their card or “wave” their mobile phone to pay for products and services. Several well-known department stores and shopping centers in Europe have also started supporting UnionPay’s QR codes, which is very attractive to tourists from Asia Pacific who are used to scanning codes to pay in their home countries.
In destinations with rich cultural heritage such as Italy, Greece and Spain, UnionPay card acceptance has reached 85%, 80% and 90% respectively, and the now almost ubiquitous UnionPay logo can also be found on major tourist attractions such as the London Eye, the Eiffel Tower and the Acropolis Museum in Athens.
UPI has categorized cross-border, intra-city and local travel scenarios to optimize the use of UnionPay cards for food, accommodation, transportation, travel, entertainment and shopping. The UnionPay card experience at merchants in European hub airports such as Charles de Gaulle, Frankfurt and Heathrow continues to improve with over 90 international airlines and online travel agencies (OTA) such as Trip.com supporting the purchase of tickets with UnionPay cards. In Italy, Spain, the Netherlands, Hungary and other countries you can also easily use national railways or local public transport with UnionPay cards.
UnionPay International also makes full use of its own resource integration capabilities and collaborates with all stakeholders to provide a wealth of benefits to tourists across Europe. In 44 countries and regions, UnionPay cards can be widely used for tax refunds and shopping center discounts, and several major European airports now also support the UnionPay app or QR code refunds. Tourists traveling to 20 countries and regions, including the United Kingdom, Ireland, France, the Netherlands, Belgium, Luxembourg and Italy, can benefit from preferential rates on all purchases in the country after registering in the UnionPay app, which will increase consumption in the Makes abroad significantly cheaper.
The number of UnionPay cards issued outside China has exceeded 240 million, with cardholders in 82 countries, including over 10 European countries such as Spain and Serbia. This summer, countries such as Japan, South Korea, Australia and Southeast Asia launched local UnionPay card products to enable convenient payments for travel in Europe. As the payment industry continues its digital transformation, UnionPay offers mobile payment services worldwide. There are currently around 200 UnionPay wallets internationally, potentially reaching over 600 million users. Various UnionPay card payment products, including “Card, QR Code and QuickPass”, are cross-border compatible and have become a popular payment method in tourism across Europe.
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