- UnionPay International (UPI) has released an all-in-one digital payment 
ecosystem to support partners in their response to COVID-19


UnionPay International (UPI) has launched a new Content & Service Platform 
(UCSP), establishing a "Pay+" digital ecosystem in partnership with global 
financial institutions and industry service providers. 

The platform offers value-added services to enhance user experience for digital 
wallets developed or upgraded to UnionPay standards; allowing institutions 
outside of mainland China to provide instant payment for utilities, transport, 
lifestyle and entertainment.

Since the outbreak of COVID-19, digital payment services have played an 
essential role in slowing the spread of the virus by reducing the risk of 
person-to-person transmission. To strengthen this, UPI has expedited the launch 
of its Content & Service Platform to provide a fast, convenient and secure 
cashless payment solution for 62 digital wallets developed or upgraded to 
UnionPay standards in 13 countries and territories.

The UPI Content & Service Platform aims to offer a comprehensive range of 
technical resources for the evolving mobile payment and lifestyle landscape 
outside mainland China. Making available more value-added services, the 
platform will serve as an essential tool for digital wallets to maintain their 
competitive advantages and industry service providers can enlarge their 
distribution channels to increase user traffic. Meanwhile, global users can 
access multiple services seamlessly through one single mobile application.

To date, services provided by hundreds of merchants and service providers in 
public utilities, taxi-hailing, flight and hotel booking are accessible 
globally via the platform. Once linked, these services will be available in up 
to two weeks.

With the innovative collaboration model in place, UPI has boosted efficiency 
for wallet developers, merchants and industry service providers. UPI selects 
partners from industry subdivisions to establish a "service pool", which 
digital wallet developers can choose interested merchants to link to the system 
through an integrated application programming interface (API), streamlining the 
process while significantly reducing technical requirements. In Hong Kong, the 
"UnionPay" app is the first mobile app to launch nine online payment services 
for public utilities and lifestyle services via UCSP, facilitating the quick 
adoption of local social distancing and public health measures in response to 
COVID-19.

In the future, UnionPay International will continue to update the platform by 
providing more and better value-added services, including big data analysis, to 
support the optimization of partner institutions membership systems and 
consumer behavior analytics.

In recent years, UnionPay International has accelerated the construction and 
update of its technical platforms, strengthening its digital mobile payment 
service capabilities for its partners. At present, UnionPay International has 
built more than 20 technical platforms and multiple solutions. Through UPI 
Developer, an integrated open platform, for instance, institutions and 
independent developers can obtain guidance and join UnionPay's cross-border 
payment ecosystem with greater efficiency.

About UnionPay International

UnionPay International (UPI) is a subsidiary of China UnionPay focused on the 
growth and support of UnionPay's global business. In partnership with more than 
2000 institutions worldwide, UnionPay International has enabled card acceptance 
in 178 countries and regions with issuance in 61 countries and regions. 
UnionPay International provides high quality, cost-effective and secure 
cross-border payment services to the world's most extensive cardholder base. It 
ensures convenient local services to a growing number of global UnionPay 
cardholders and merchants.

For more information, please visit: www.unionpayintl.com/en


SOURCE: UnionPay International