Turkish IS Bank and UnionPay International inked a deal for all 470,000 POS terminals of Turkey IS Bank（Türkiye İş Bankası A.Ş.to be enabled to accept UnionPay cards.
In the meantime, quite a few well-known local online merchants will accept UnionPay online payment. Cai Jianbo, CEO of UnionPay International, and Yalçın Sezen, vice president of IS Bank attended the signing ceremony.
As the largest bank in terms of asset size, Turkey IS Bank has enabled nearly 7000 ATMs to accept UnionPay cards and enabled the E-visa website of Turkish Ministry of Foreign Affairs to accept UnionPay cards. This time, the two sides will expand cooperation in two aspects. First, UnionPay acceptance coverage at POS terminals in Turkey will rise dramatically from 35% to over 50%. Second, the two sides cooperate to enable UnionPay online payment at many airlines and travel booking websites. Those merchants basically cover all airlines in Turkey.
In Turkey, UnionPay cards can be used in Istanbul, Ankara, Nevsehir, Denizli, Konya and other tourist cities. The acceptance network covers duty free shops, shopping malls and hotels frequently visited by tourists. 30% of the local ATMs have accepted UnionPay cards for cash withdrawal or balance enquiry. The transaction volume of UnionPay cards in Turkey has increased rapidly. In March, UnionPay cards were issued for the first time in Turkey，which is the first UnionPay commercial card in the Middle East.
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