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UnionPay to offer QR code payments across Canada, in partnership with a leading local provider

17 mai 2019

Motion Pay Technology Inc. (Motion Pay), the leading cross-border mobile payment solution provider in Canada, announces that it has reached a partnership with UnionPay International, and that it’s launching the rollout of UnionPay QR code payments across Canada.

Motion Pay is Canada’s leading payment processing partner for AliPay, WeChat Pay and Union Pay. The global Chinese community is the world’s largest user of mobile payments with over 1B active users of Chinese payment services. Motion Pay empowers payments for the significant Chinese market which includes permanent residents, visiting students, and tourists.

Founded in 2002, UnionPay serves a card base of over 7 billion globally, which is the largest cardholder base in the world. UnionPay is also the preferred payment method of Chinese outbound tourists. Besides a rich portfolio of card products, UnionPay also offers a variety of mobile payment options to meet cardholders’ increasing demands for safe and easy mobile payment services. So far, users of the UnionPay app can enjoy safe and convenient mobile payment services in 46 countries and regions worldwide.

„Canada is one of the most popular destinations for Chinese outbound tourists, and UnionPay International is committed to offering as safe and seamless mobile payment experience to our cardholders in their travel destinations as that back in China. This is why we choose to partner with Motion Pay which has the abundant experience and knowledge in providing QR Code mobile payment solutions in Canada.”, says Senior Executive of UnionPay International, North America. According to Destination Canada, with a record 695K visitors (+9%) YTD, China was Canada’s largest source of long-haul arrivals in November 2018.

To pay with UnionPay QR code payment service, customers can add their UnionPay cards into the mobile application of „UnionPay” and press „Pay & Receive” to either scan the merchant’s standalone QR code signage or let the cashier scan the QR code that automatically generated from the app to complete the payment. UnionPay International will also launch several rounds of promotional campaigns in 2019. The app users will enjoy various discounts when shopping via UnionPay APP.

In order to deliver unified Chinese Payment solutions to Canadian Petroleum and Convenience Retailers, Motion Pay and Bulloch Technologies have formed a business partnership to enable Chinese payments across Bulloch’s extensive Canadian network.

“Our customers prefer to visit merchants who support AliPay, WeChat Pay or Union Pay. This agreement with Bulloch allows Motion Pay to extend the convenience of mobile payments to over 6,000 Canadian petroleum and convenience stores served by Bulloch.” Riven Zhang, founder and CEO of Motion Pay, said. “We are working together to integrate frictionless Chinese payments in the store, and at the pump. This partnership is another industry first for both Motion Pay and Bulloch.”

Bulloch is installed in approximately 60% of combined c-store and gas stations in Canada and processes over 500M transactions annually.

Motion Pay Technology Inc is the first Canadian company to introduce Chinese QR code mobile payment solutions in Canada. As the leading company to introduce one single solution to Canadian businesses with every top ranked mobile way to pay in China, Motion Pay is truly simplifying Chinese customer’s shopping experience in-store and on-line, and producing more sales opportunities for Canadian merchants.

UnionPay International (UPI) is a subsidiary of China UnionPay focused on the growth and support of UnionPay’s global business. In partnership with more than 2,000 institutions worldwide, UnionPay International has enabled card acceptance in 174 countries and regions with issuance in 51 countries and regions.

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Anders Olofsson – former Head of Payments Finastra

Banking 4.0 – „how was the experience for you”

So many people are coming here to Bucharest, people that I see and interact on linkedin and now I get the change to meet them in person. It was like being to the Football World Cup but this was the World Cup on linkedin in payments and open banking.”

Many more interesting quotes in the video below:

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In 23 septembrie 2019, BNR a anuntat infiintarea unui Fintech Innovation Hub pentru a sustine inovatia in domeniul serviciilor financiare si de plata. In acest sens, care credeti ca ar trebui sa fie urmatorul pas al bancii centrale?