The two companies worked together to develop a unified mobile payment standard and coordinate the management of financial institutions’ mobile payment businesses. This process has received a significant boost from the proliferation of smartphones and QR codes, which allow customers to easily conduct transactions in new environments.
“Wiseasy Group is pleased to be part of this exciting collaboration with UPI to launch a secured, seamless and innovative solution that meets the new expectations of retailers and customers,” said Rachid Oulad Akdim, VP Group and president of Wiseasy France.
“We are honored to partner with Wiseasy Group to further accelerate the brand reach in Ghana and Nigeria”, said Luping Zhang, general manager of UnionPay International Africa Branch. “UnionPay continues to offer high quality, cost-effective, innovative payment services through shared growth with our partners in the region”.
Wiseasy Group operates in 114 countries and regions worldwide and serves dozens of industries. They promote the innovation, development, and application of digital banking solutions and payment technology worldwide by offering smart fintech terminals and payment technology services that can reach wider demographics with more convenience.
With over 1.6 billion UnionPay cards issued in 70 countries and regions globally, UnionPay has expanded its acceptance network to 180 countries and regions and has issued more than 1.6 billion UnionPay cards in 70 countries and regions. Those cards are widely accepted across Africa. UnionPay cards are issued in Kenya, Tanzania, Uganda, Ghana, South Africa, Madagascar, Mauritius and additional countries.