Pri-Num company received the status of a technology partner of UnionPay and started testing the HCE solution.
The first in Ukraine and Eastern Europe, Pri-Num became a partner of the International payment system UnionPay, opening up new opportunities for the banking sector for this region.
UnionPay has partnered with over 2,300 overseas institutions and is transforming relationships from a business partnership to a strategic alliance, fostering the rapid development of international business. UnionPay cards are accepted in 179 countries and issued in 61 countries.
UnionPay offers partnerships to institutions around the world and builds a community of interest, thereby expanding the payment acceptance network and offering mutual benefits through membership.
Companies and financial institutions are joining forces to further digitalize the payments industry.
The entry into the Ukrainian and Eastern European markets of the UnionPay International payment system will increase competition in the payment services market, give a new impetus to improve the quality of financial services, create more comfortable conditions for non-cash payments, contactless payment acceptance, and contribute to the acceleration of trade and transport relations between countries.
With UnionPay, new opportunities open up not only for the banking sector but also for retailers and small businesses who can attract more customers by offering UPI solutions.
In cooperation with UnionPay, the Pri-Num team strives to develop joint innovative payment products, providing partners with an unconditional advantage over competitors and contributing to their development, in the context of integration into the global financial system.
“We predict a bright future for this partnership agreement where we can help our customers offer modern and secure payment services to UnionPay cardholders. In partnership with the banking market leader, we plan to provide individual banks and entire countries with the opportunity to become part of the UnionPay payment ecosystem.They say in Pri-Num.
This is a real breakthrough and the Pri-Num team is ready to work hard and productively so that as many of our clients as possible can experience all the benefits of this payment system in their business.”
UnionPay International (“UPI”) is a wholly owned subsidiary of China UnionPay, established in Nov 2012. UPI is a bankcard association established under the approval of the State Council and the People’s Bank of China, and has become a central and pivotal part of China’s bankcard industry. In partnership with more than 2000 institutions worldwide, UPI has enabled card acceptance in 174 countries and regions with issuance in 55 countries and regions.
Founded in 2013, Pri-Num is a global financial technology company that creates mobile-centric software solutions for banks, retailers, mobile operators, transportation networks, sports, and entertainment. Pri-Num, which stands for prime numbers, is a leading financial and mobile technology provider, offering customers secure contactless mobile services such as payments, loyalty schemes, transportation, identification credentials, tickets, authorization and access control, and many more. Our partners include top financial institutions, including VISA, Mastercard, UnionPay International, and many others around the world.