China’s UnionPay reports a number of daily-spending merchants in Canada start to accept UnionPay mobile QuickPass, which marks the debut of the service in North America. Previously, there have been over 220,000 POS terminals in Hong Kong, Macau, Taiwan, South Korea, Singapore and Australia that accept UnionPay mobile QuickPass.
The merchants accepting mobile QuickPass this time are mainly restaurants, hotels, retail outlets, supermarkets, and convenient stores. Consumers can pay with their UnionPay QuickPass chip cards or mobile QuickPass-enabled smartphones at the contactless terminals in these merchants.
No signature is needed when paying less than 100 CAD with UnionPay debit cards, and no PIN nor signature is required when paying less than 100 CAD with UnionPay credit cards. It is in accordance with international practice to set a cap on micropayment for contactless payment, and it helps ensure card-using security.
As UnionPay’s new mobile payment solution, mobile QuickPass supports offline contactless payment with mobile devices like smartphones and online payment. It is quick, convenient, and safe, and therefore is gaining popularity among overseas merchants and cardholders. The mobile payment products subordinate to mobile QuickPass are compatible with various mobile phone brands and models, including Huawei, MI, ZTE, and Lenovo.
Now, UnionPay cards are accepted both online and offline in Canada. Over 85% of the local ATMs and more than 70,000 merchants accept UnionPay cards, and dozens of the local educational institutions support cross-border online tuition payment via UnionPay cards.
According to the latest data, over 2 billion UnionPay chip cards have been issued worldwide, and the innovative application based on chip cards is enriching. Now, over 7 million POS terminals around the world support mobile QuickPass. Among overseas markets, Australia has the largest number of QuickPass-accepting terminals; and in Macao, UnionPay is the most widely used international payment brand in terms of contactless payment.
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