UnionPay connects Hong Kong and Macau with mobile payments

UnionPay has started offering services to customers in Hong Kong and Macau, facilitating the interconnection of mobile payment in the Greater Bay Area.

From today, consumers in Hong Kong and Macau can bind their locally issued UnionPay cards to the UnionPay app and enjoy mobile payment service both in and outside Hong Kong and Macau.

So far, UnionPay is accepted at almost all ATMs and POS terminals in Hong Kong and Macau, and a total of about 19 million UnionPay cards are issued in Hong Kong and Macau. The service has become a common payment tool for Hong Kong and Macau residents.

The launch of the UnionPay app in Hong Kong and Macau will “further enhance” local customers’ mobile payment experience, and will also “bring business opportunities to local merchants”.

UnionPay says that it will continue to expand the acceptance scope of its mobile payment service in the Greater Bay Area. So far, about 40,000 POS terminals in Hong Kong and Macau accept UnionPay mobile QuickPass, and this service will be available at all local contactless-accepting merchants this year. Thousands of merchants in Hong Kong and Macau accept UnionPay QR code payment, and UnionPay QR code payment will be available at over 10,000 more merchants in Hong Kong and Macau before the end of this year.

In Guangdong and Shenzhen, about 80% of the merchants accept UnionPay mobile payment service. In mainland China, UnionPay QR Code payment is accepted at 7.5 million merchants, and UnionPay mobile QuickPass is available at over 10 million POS terminals. In addition, UnionPay mobile payment is accepted in 41 countries and regions worldwide.

UnionPay also collaborated with commercial banks to launch the Greater Bay Area-themed UnionPay cards, offering cardholders special benefits. Bank of China has issued UnionPay theme credit cards in Guangdong, Hong Kong and Macau. ICBC Asia has also issued the Greater Bay Area-themed UnionPay credit card in Hong Kong.

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