UnionPay International (UPI) announces the beginning of cooperation with Credit Europe Bank.
This step will allow UnionPay to continue the expansion of its acceptance network, which already covers over 95% of merchant terminals and ATMs, in the Russian Federation.
This partnership between UPI, one of the world’s largest bankcard schemes, and Credit Europe Bank, a new credit organization with more than 6,000,000 clients, will start from the acceptance of UnionPay cards. Through this cooperation, customers are now able to use UnionPay cards issued in Russia or abroad at an increasing number of ATMs and merchants.
Xia Yu, Head of UnionPay International Russia Branch, commented:
“We are committed to providing safe and smooth payment service to our cardholders in and visiting Russia. We are very glad to reach a new partnership with Credit Europe Bank, and I am confident that the bank’s extensive network in the Russian regions, along with the advantages of safe and fast UnionPay transactions, will bring our clients better payment experience.”
