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UnionPay & JD.com to streamline cross-border eCommerce payments

By Gloria Mathias

April 26, 2024

  • APAC Fintech
  • APAC Fintech news
  • Cardnet
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UnionPay International, Cardnet, Mobile Payments, UnionPay QR, Mobile QuickPass, QR Payments, Dominican RepublicUnionPay International (UPI) has teamed up with JD PAY, JD.com’s digital payment service, to elevate the cross-border shopping experience, enabling customers around the world to use their local UnionPay cards on JD.com

This partnership is a step forward in meeting the rising appetite for streamlined international online payment options and responds directly to the consumer trend towards effortless cross-border eCommerce transactions.

Through this partnership, consumers around the world can enjoy a more streamlined payment process when shopping on JD.com. This partnership significantly streamlines the international payment process, greatly improving the shopping experience for consumers outside of China, and allowing them easy access to high-quality products offered on JD’s Global Sales platform.

JD.com’s adoption of Union Pay cards marks an advancement for China’s eCommerce industry, enhancing the ease of cross-border transactions for its customers. Moreover, this collaboration empowers small and medium-sized businesses and exporters on JD.com to seamlessly receive overseas payments, eliminating the complexities associated with multiple currencies, collection policies, and other international payment challenges. As a result, shoppers across the globe can effortlessly use their preferred payment methods to access and purchase from an extensive array of products on JD.com.

Looking ahead, UPI and JD.com are dedicated to enhancing their partnership further, aiming to facilitate the growth of cross-border payments and e-commerce. Their goal is to provide a shopping experience that is not only safer and more efficient but also universally accessible and convenient for customers everywhere.

With over 230 million UnionPay cards issued across 81 countries and regions outside of mainland China, UnionPay International is committed to enriching the online payment experience for its cardholders.

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