UnionPay International and Canada’s TD Merchant Services have entered into an agreement regarding TD’s acceptance of UnionPay cards in North America, beginning later this year.
The two sides agreed to enable 100,000 merchants within a three-year period as well as to realize the acceptance of UnionPay’s innovative payment methods including contactless payment with UnionPay chip cards.
More than 400,000 Chinese tourists visited Canada last year and UnionPay cards provided them with convenient and secure services.
In recent years, the use of UnionPay card in North America has become increasingly convenient. Except for the large number of ATMs and merchants in Canada that have been enabled for UnionPay card acceptance, well-known online merchants are also enabled, including Tianbao Travel, Tianma Travel, Polar Bear Canada. Moreover, dozens of colleges and universities have enabled cross-border online tuition payment.
In addition, in the US, cardholders can use UnionPay cards at more than 90 percent of ATMs and 80 percent of merchants. Payments can be made not only with UnionPay credit cards through signature verification but also with UnionPay debit cards at merchants equipped with a pin pad.
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