Stampa

MiFinity, a global payments provider, is proud to announce a 5-year extension to its existing strategic partnership with UnionPay International. This extension is testament to the great working relationship between both UnionPay and MiFinity and will help MiFinity continue

to build upon and grow the existing UnionPay vertical. As a principal member of UnionPay International, MiFinity is currently licensed to acquire UnionPay traffic (UPOP), issue UnionPay prepaid cards and execute a cross border remittance service via UnionPay MoneyExpress.

The acquiring solution supports the UnionPay Online Payment Program (UPOP), which is UnionPay’s E-Commerce solution. This enables internationally issued UnionPay cards to be accepted for the loading of funds into a MiFinity eWallet. These funds can then be used across the MiFinity payment platform.

The remittance service via UnionPay MoneyExpress is targeted at both Merchants and consumers. This is a real time settlement solution. The Merchant solution facilitates International Merchants to process cross-border money transfers to UnionPay card holders back in mainland China. The consumer solution facilitates international consumers to process cross-border money transfers to UnionPay card holders back in mainland China.