UnionPay’s Mobile Wallet Debuts in North America
China-based UnionPay on Aug. 16 introduced its QuickPass mobile wallet in Canada, the technology’s North American debut.
The technology supports offline contactless and online payments with mobile devices. QuickPass is already accepted at 220,000 POS terminals in Hong Kong, Macau, Taiwan, South Korea, Singapore and Australia, UnionPay said; Australia has the most QuickPass-enabled terminals.
“The mobile payment products subordinate to mobile QuickPass are compatible with various mobile phone brands and models, including Huawei, MI, ZTE, and Lenovo,” UnionPay said. “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.”
Consumers in Canada will not need to sign for QuickPass purchases for transactions that cost less than C$100 (about US$78).
The statement added that, in Canada, 85 percent of ATMs and more than 70,000 merchants accept UnionPay cards. Globally, more than 2 billion UnionPay chip cards have been issued.
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