Mobile Merchant has joined forces with UnionPay International (UPI) to help SMEs in South Africa gain access to more customers utilising the latter’s cardholder base worldwide.
The partnership will see Mobile Merchant’s entire merchant base accept UnionPay cards.
Mobile Merchant’s mobile terminal solutions enables SMEs to open to business in three to five days from application approval to installation.
UnionPay International Africa Branch general manager Luping Zhang said: “We strongly appreciate Mobile Merchant’s ongoing effort in driving technological innovation to support local businesses and the community.
“We encourage all UnionPay cardholders to support small businesses and help to revive the local economy”.
UnionPay cards are issued in more than ten countries across Africa. Among these countries are Kenya, Tanzania, Uganda, Ghana, South Africa, Madagascar and Mauritius.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below formBy GlobalData
Outside mainland China, more than 1.5 billion UnionPay cards are issued in 69 countries and regions.
Mobile Merchant managing director Carrie Dickie said: “Our commitment to providing real business solutions to SMEs in South Africa has always been our main goal and shows in our track record across our merchant base.
“With this collaborative relationship we intend to ensure that we offer world class products and solutions to SMEs across South Africa.”
In September last year, UnionPay International partnered with Interswitch East Africa (Kenya) to accelerate payment digitalisation across Africa.
The agreement sees Interswitch serving as a third-party service provider (TPSP) for UnionPay International in East Africa.