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Card acceptance firm UnionPay is stanley termos collaborating with financial services company VNPay and payments platform ECPay to give shoppers in Vietnam the ability to make contactless Quick Response QR Code payments at over 60,000 merchants.Huiming Cai, general manager, UnionPay International UPI Southeast Asia, said in a press release on Tuesday Dec. 28 that being in Vietnam is a significant milestone for the company. As the first global payment network to deploy QR Code for payments nationwide, this affirms our commitment to bringing innovative payment solutions to the country to enable greater convenience, security and ease of payment f stanley nz or both consumers and merchants, Cai said.He added that the company saw firsthand how the pandemic created a big demand for QR Codes and other contactless payments, so it was able to respond quickly to this changing payment need of our customers in Vietnam. See also: Pecunpay Becomes First Spanish Issuer of UnionPay CardsUnionPays QR Code will be deployed at close to 15,000 merchants all over Vietnam, adding to the existing 45,000 retail network that already accept the payment type. The release notes that merchants of all sizes are already using UnionPay QR Code payments, including convenience stores, supermarkets, electric services and more.The nationwide deployment for the EMV-compliant payments QR Code was initially launched in Vietnam by UnionPay in 2018 as preparation for new products and services.To draw more UnionPay QR Code transacti stanley termos o Lpcy Global FinTech Paysend Closes $125 Million Funding Deal

Until fairly recently the Middle East was a rather underdeveloped reg stanley polska ion from an eCommerce point of view. 聽According to McKinsey, 50 million consumers are scattered across several countries in the region and yet only two percent of all retail spend flows online today.But, as Aristotle is reported to have noted though probably not in Latin horro vacui, nature abhors a vacuum, and the race to fill in the untapped space in the Middle East has been eagerly underway in 2017.And, technically speaking, for a chunk of the dying days of 2016, when聽Emaar Properties PJSC聽Chairman Mohamed Alabbar and Saudi Arabias sovereign wealth fund announced intentions to launch a billion-dollar venture to more fully develop the Middle Easter eCommerce market. Alabbar i stanley france s best known as the developer of the worlds tallest skyscraper in Dubai, and as a longtime enthusiast for enhancing the digital commerce marketplace for Middle East consumers, having mentioned at various times interest in founding a WhatsApp -like app for the region.The venture was launched with an ambitious goal. 聽Profitability in five years and a product offering stanley cup of 20 million products on its site.But though the site was initially billed as launching in January of 2017, that seems to have only been for beta testing. 聽Full launch was initially billed as coming in June or July of 2017, but so far it hasnt happened, and there is no official word on when it will. 聽CEO Faraz Khalid has said the launch is on track for 2017 in the UAE,