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A collection of 3 posts

Big blow for Swift as UnionPay comes to Russia's rescue

Big blow for Swift as UnionPay comes to Russia's rescue

Not long ago, a Swift ban of Russian banks would have spelt trouble for everyone in the country but today UnionPay is at the rescue. On Sunday, several Russian banks announced plans to start issuing cards using the Chinese UnionPay card operator system. The rebuke of the Western nation’s

UnionPay Targets Growth In Contactless Payment With Small Merchants

UnionPay Targets Growth In Contactless Payment With Small Merchants

KUALA LUMPUR, Malaysia, Dec. 21, 2021 /PRNewswire/ — UnionPay International (UPI) has introduced its SoftPOS (Point-of-Sale) solution for the first time using a payment technology powered by the world’s leading SoftPOS player Soft Space. The SoftPOS solution to be launched in Malaysia is expected to create greater market opportunities for

Razer wins big with UnionPay enabling QR code payments

Razer wins big with UnionPay enabling QR code payments

KUALA LUMPUR, Malaysia, Nov 2021 — Global payment network UnionPay and leading Fintech company Razer Merchant Services (RMS) are collaborating to enable UnionPay Quick Response (QR) Codes at all Razer Merchant Services’ (RMS) physical merchant touchpoints and online merchants in Malaysia. In line with Bank Negara’s vision for a cashless