UnionPay International, a wholly-owned subsidiary of China UnionPay, has teamed up with Greece-based Piraeus Bank to roll out mobile QuickPass service in the country.
With the collaboration, UnionPay cardholders can pay by tapping UnionPay chip cards with the QuickPass signage or QuickPass-enabled mobile phones at over 50,000 merchants of the bank starting this year.
The launch of mobile QuickPass in Greece will also mark its debut in South Europe.
UnionPay said that the partnership will boost the acceptance of UnionPay Mobile QuickPass at merchants in tourist destinations such as Athens and Santorini, covering attractions, department stores, duty-free shops, restaurants (including many Michelin-starred restaurants) and souvenir stores.
Cardholders can tap and pay with UnionPay chip cards and their mobile phones at these merchants. Additionally, the card-members can enjoy no-PIN no-signature payment when spending no more than €25.
UnionPay International has already partnered with all the four major banks in Greece. UnionPay believes that its cards will be accepted at almost all ATMs and over 80% of POS terminals in Greece by the end of 2017.
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By GlobalData