UnionPay International partners with Vaulsys – ZAWYA

UnionPay International partners with Vaulsys – ZAWYA

unionpay international partners with vaulsys vaulsys becomes a tpsp of unionpay international    dubai, uae/prnewswire/knowledge bylanes -- unionpay international and vaulsys today announce their partnership: vaulsys becomes a third party service provider (tpsp) of unionpay international. the two parties will join force to support the uae's vision to further digitize the payment industry. vaulsys is deploying its systems across two different continents in 3 locations across pakistan, africa and uae. through these 3 locations, vaulsys intends to serve unionpay cardholders across the middle east and africa regions. vaulsys plans to carry out business in unionpay card issuance, card acceptance, cross border remittance, qr payment (issuance and acquiring) and online payments via upop. this will enhance the current payment landscape and in turn, improve the lives of the masses in the mea region.with over 8.4 billion cards issued in 61 countries and regions, unionpay is the world's largest bankcard organization in terms of card issuance. in the middle east, unionpay is present in 11 countries, and has reached 100% acceptance in the uae and pakistan. moreover, various innovative payment products, including unionpay contactless payment quickpass and unionpay qr code payment, have been launched in the middle east region.vaulsys is known in