Pecunpay Signs an Agreement With Unionpay

The Spanish fintech Pecunpay, commercial brand of the Latvia WhatsApp Number List electronic money. Entity Pecunia Cards EDE, specialized in innovative payment and electronic money processing solutions, and UnionPay, the card network with the largest cardholder base in the world, have signed a strategic agreement by which Pecunpay becomes the first Spanish issuer in Europe to issue UnionPay cards in Spain. Under the agreement, Pecunpay has obtained a Latvia WhatsApp Number List UnionPay international member license, which allows it to issue UnionPay cards in Spain and throughout the SEPA area.

Become the First Unionpay

The agreement covers commercial products, Latvia WhatsApp Number List consumer and company cards, as well as mobile payment systems. Pecunpay and UnionPay International will combine their technological, marketing and financial resources to support the launch of UnionPay products initially in Spain and later in other countries. As the leading bank card system in China, UnionPay enabl the growing number of Chinese international travelers to transact abroad safely and efficiently. In Europe, UnionPay is currently accept more than four million merchants in some 40 countries. Regions. Which is more than 70% of all merchants that accept bank cards in Europe. In Spain, UnionPay is accept at all local ATMs and at 92% Latvia WhatsApp Number List.  The rapid expansion of UnionPay’s acceptance network across Europe has paved the way for local card issuance in Spain. ”

Card Issuer in Spain

This is an important step for Pecunpay. As Latvia WhatsApp Number List it opens the door to a vast Antonio Garcia Cruz, CEO of Pecunpay. “We will be able to offer our customers in Spain and other key markets an innovative payment system with increasing acceptance around the world.” “UnionPay International is accelerating the localization of our business in Europe by looking for opportunities to issue cards locally. We are delight to have agreed this partnership with Pecunpay. Look forward to announcing the issuance of similar cards with other European institutions in due course.  Shengliang Latvia WhatsApp Number List Yang, Director of UnionPay International. Thanks to its association with UnionPay International, Pecunpay will obtain competitive.  Jointly promote business cooperation in Spain and throughout the SEPA zone.

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