UnionPay International & Kiwibank team to boost payments acceptance in New Zealand
By Gloria Mathias
In addition to offering EMV-compliant security chip payment, Kiwibank will also provide UnionPay mobile QuickPass to its customers. The partnership expands UnionPay card acceptance across various sectors in New Zealand including food and drinks, accommodation, transportation, entertainment, shopping, and more.
The collaboration underscores UPI and Kiwibank’s dedication to broadening payment options and delivering a comprehensive, seamless customer experience. The new partnership extends payment services for consumers and merchants.
“Our partnership with Kiwibank is a significant step in our global outreach,” said Carlos Li, Country Manager of UnionPay International New Zealand Branch. “We’re expanding payment options for merchants and enhancing New Zealand’s ties to global payment systems, introducing unparalleled payment experiences for local consumers. This collaboration will enrich the payments landscape in New Zealand, offering businesses and consumers more choices in the payment experience.”
“The partnership with UnionPay International expands the acceptance opportunities for Kiwibank’s merchants who will now be able to accept UnionPay cards when presented for payment,” said Joanna Greaves, General Manager of Kiwibank Business Banking.
UnionPay International focuses on the international business of UnionPay, a global payment network that serves the cardholder base.
Kiwibank is a purpose-led organisation that has modern Kiwi values at heart with an impactful presence in New Zealand. Kiwibank, with more than a million customers, is focused on supporting Kiwi with their home ownership aspirations and backing local business ambitions.
IBSi Daily News Analysis
September 26, 2023
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