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This is the first time any payment scheme, Fintech or Bank has rolled out this service in the
It is certified with the EMV standards which allows UnionPay Cardholders to seamlessly transact via NFC enabled cards, HCE enabled Mobile app and Smart Phones at a multitude of locations ranging from Grocery stores, Super Markets, Departmental Stores, Restaurants and other merchants. With Fintechs such as Keenu, whose entire POS terminal network is contactless-enabled, QuickPass will be positively disrupting how payments take place in
It is evident that the COVID-19 pandemic is still ravaging global economies through which we have seen a shift in the paradigm of what was considered to be the norm especially for how payments are being made. WHO has started to promote the use of contactless payments and digital transactions globally have evidenced a boon with a growth of 23% in the last month alone, and the pandemic has also spurred the need for contactless payments for over 30% of global consumers.
In response to the evident need for a safer payment solution and cater to social distancing guidelines, UnionPay has introduced QuickPass/contactless payments in the
As the bankcard scheme with the largest number of cards issued, we at UnionPay are committed to providing payment ease to our cardholders worldwide. We believe this partnership will bring more benefits to both customers, merchants and the payment ecosystem in
We are honoured and delighted that Keenu is the first merchant acquirer in
For more information, contact:Bank AL Habib Limited2nd floor,
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