Public Bank Unionpay Wechat

Public bank l ltd gives no warranty as to the entirety accuracy or security of the linked web site or any of its content. Public bank l ltd shall not be responsible or liable for any loss or damage suffered or incurred whether directly or indirectly for any content of or any transactions entered via the linked web site. China unionpay is the country s answer to visa and mastercard and heavily allied with the central bank.

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Pb unionpay savings account.

Public bank unionpay wechat. Two years ago for the people s bank of china to gain greater oversight over mobile payments it required wechat pay and alipay to connect their bank card processing operations to unionpay as opposed to working directly with individual banks. This account will let your customers to pay in rmb using wechat pay and the payment will be able to settle in your overseas bank account. Unionpay international upi is a subsidiary of china unionpay focused on the growth and support of unionpay s global business.

Kuala lumpur malaysia july 26 2016 prnewswire public bank malaysia s third largest bank and unionpay international a global payment network signed an agreement for unionpay debit card issuing business today. For foreigners this meant opening up a bank account in china which takes a bit of time and patience not to mention a long term residence visa. Revenue s all in one digital payment terminals can handle mobile quick response qr code payment services including alipay boost touch n go unionpay qr and wechat pay as well as card payments such as visa mastercard mydebit jcb and unionpay making payment management simpler and more efficient for physical retail merchants.

Unionpay international provides high quality cost effective and secure cross border. Wechat cross border payment account connects to an overseas bank account for overseas business you can setup wechat cross border payment account. You can use it to pay for online global purchases utility expenses mobile bills credit card repayment public transport trip bookings and charitable donations.

In partnership with more than 2000 institutions worldwide unionpay international has enabled card acceptance in 178 countries and regions with issuance in 61 countries and regions. There are other other global payment solutions for china that are great but these are alternatives to wechat at best. Up until this point it s only been possible to connect a chinese bank card usually unionpay to your wechat pay or alipay account.

With this partnership public bank will be the first local bank to issue unionpay card in malaysia. Public bank a complete one stop financial portal offering a range of accounts credit cards loans deposits and other financial aids for our personal and commercial customers. Public bank a complete one stop financial portal offering a range of accounts credit cards loans deposits and other financial aids for our personal and commercial customers.

Make online payments with your hsbc debit card easier with unionpay.