August 16, 2016
UnionPay Mobile QuickPass debuts in North America
SHANGHAI---UnionPay International says a number of daily-spending merchants in Canada start to accept UnionPay mobile QuickPass, which marks the debut of this innovative service in North America. Previously, UnionPay mobile QuickPass has been accepted at over 220,000 POS terminals in Hong Kong, Macau, Taiwan, South Korea, Singapore and Australia.
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 as well as online payment. It is quick, convenient, and safe, and is therefore gaining popularity among global 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 percent 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 globe support mobile QuickPass. 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.