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April 25, 2017

UnionPay partners with Westpac to expand card acceptance in New Zealand

By Patrick Brusnahan

UnionPay International and Westpac have signed an agreement under which Westpac will accept UnionPay cards at all its ATMs and nearly 1,300 online merchants in New Zealand.

The collaboration will further expand UnionPay’s card acceptance in New Zealand. Until now, nearly 80% of the local ATMs accept UnionPay cards in the country.

The latest agreement is culmination of an earlier contract inked in April 2014, whereby Westpac had enabled all of its ATMs and POS terminals in Australia and the seven island countries to accept UnionPay cards.

The Chinese card company said that the collaboration with Westpac in New Zealand will be useful for the local merchants when they start accepting UnionPay cards in June this year. It will also help Chinese tourist to plan their trips in advance.

Additionally, some of the merchants will support mobile QuickPass, which enables UnionPay cardholders to pay with their mobile phones.

UnionPay International CEO Cai Jianbo said: “UnionPay International is accelerating its expansion in New Zealand: First, expand the local card using channels.

“At least 60% of the local merchants will be able to accept UnionPay within this year and among them, 40% will also support UnionPay mobile QuickPass. Second, seek opportunities of card issuance with local mainstream institutions.

“Third, promote more shopping centres and cosmeceuticals to participate in UnionPay International’s cross-border marketing platform U Plan, to provide customers with accurate information on offers and discounts.

“In the future, we will continue to strengthen our cooperation with the mainstream institutions in South Pacific to improve UnionPay’s service in New Zealand, and to support the personnel exchange between China and New Zealand.”

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