UnionPay International (UPI) and Interswitch have announced their partnership to further deepen payment digitalization across the continent, allowing cardholders and merchants within the region to transact seamlessly and conveniently across various platforms on the global UPI network.
The agreement with Interswitch will facilitate UnionPay card acceptance across ATMs, Points-of-Sale, QR Payments and online payments, thereby consolidating the existing partnership with Interswitch in West Africa and helping to drive wider acceptance on the continent. Both companies affirmed.
According to the agreement, the initiatives will ultimately enhance the current payment landscape and in turn, improve the lives of the mass markets in Africa.
Country General Manager – Kenya for Interswitch East Africa’ Romana Rajput said “UPI and Interswitch East Africa (Kenya) Limited share a mission to provide convenient and secure payment solutions across Africa, and this partnership continues our work to broaden acceptance to cardholders transacting across the region”.
“We look forward to working with the UPI team and we are excited for the opportunities this new agreement presents”.
Speaking of the partnership, Mitchell Elegbe, Interswitch Group Founder and Chief Executive Officer stated that the new licensing agreement reinforced Interswitch’s focus on achieving broad acceptance.
Also speaking, General Manager of UnionPay International Africa Branch, Luping Zhang, said “We are committed to promoting high-quality digital payments in Africa. Together with Interswitch, we present a powerful solution allowing African businesses to better integrate into the global marketplace”.
