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Friday, July 19, 2024

UAE Central Bank & UnionPay Int’l sign agreement

UAE Central Bank & UnionPay Int'l sign agreement
UAE Central Bank & UnionPay Int’l sign agreement

Central Bank of the United Arab Emirates, CBUAE, and UnionPay International, UPI, (the international business arm of the global payment network, China UnionPay) have signed an agreement for linking with UAESWITCH, a service that connects ATMs across the country.
The agreement was signed between the CBUAE and UPI, launching the use of UnionPay cards at all ATMs connected to the UAESWITCH, by Deputy Governor of CBUAE, Mohammed Ali Bin Zayed Al Falasi and China UnionPay President Mr Shi Wenchao.
The signing ceremony was attended by senior executives from both sides.
(Courtesy WAM)

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