Epay integrates UnionPay QR Code Payments in Europe

By Gloria Methri

UnionPay, one of the world’s largest card payment networks, and epay, the full-service payment provider, have launched UnionPay’s QR code payment service in Europe. The agreement between UPI and epay represents the first time UnionPay’s QR code payments can be settled in Europe for Chinese tourists and other users from all over the world.

Through this new partnership, epay is expanding its portfolio with the addition of a consumer-centric and user-friendly payment method. The partnership also reinforces epay’s status as one of the most important payment aggregators in Europe with the ability to offer European merchants access to a large customer base with UnionPay.

QR payments work on all smartphones and retailers can incorporate the function into their existing payment infrastructure without major additional investments. Risk controls for QR code payments are highly effective due to transaction monitoring in real-time and precise authentication capabilities.

“We are delighted to announce this partnership because UnionPay App is a prime example of how a leading global card provider is adapting to new customer needs,” said Kevin Caponecchi, Executive VP and CEO, epay, Software, and EFT Asia Pacific Division. “With its QR code payment solution, UnionPay offers a well-integrated, seamless mobile payment experience for customers. Through integration into the epay merchant network with over 777,000 point-of-sale terminals, UnionPay can offer its users an attractive range of brands and retailers across Europe.”

“UnionPay is committed to building up the cashless society by providing the most advanced payment technology to the cardholders, and the UnionPay App is a perfect illustration of this,” said Shengliang Yang, Deputy Head of UnionPay International Europe branch. “By establishing QR code payment cooperation with epay, the UnionPay cardholders will get access to a more convenient payment service with an easy tap through UnionPay App.”