UnionPay International Partners with the International Bank of Tajikistan to Launch e-Wallet

Chinese financial services company, UnionPay International, also known as the Chinese version of Visa and Mastercard, today announced that it has partnered with the International Bank of Tajikistan to launch the country's first contactless e-wallet.

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UnionPay standard e-wallets have been launched in more than 20 countries and regions, including Hong Kong, Macao, South Pacific, and Southeast Asia, and nearly ten new e-wallets were rolled out in the second quarter of this year alone.

The latest launch makes UnionPay the first payment brand to offer mobile contactless payment services in Tajikistan. As a result, the number of e-wallets outside the Chinese mainland that support UnionPay cards reaches 100.

Meanwhile, the number of merchants accepting UnionPay mobile payments has exceeded 10 million. The two milestones mark the forming of an interconnected UnionPay cross-border mobile payment ecosystem.

Arab News Express, a prominent news website in the UAE, commented that the cooperation between UnionPay and local institutions has improved the mobile payment environment in the Middle East and protected consumer health.

Khmer Times, a Cambodian media outlet, said that UPI’s diversified cooperation with local banks in mobile payment has helped accelerate Cambodia’s transition to a cashless society.