UnionPay International partners with Boost to expand its footprint in Malaysia and internationally, Business News



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KUALA LUMPUR, MALAYSIA July 26, 2018 / PRNewswire / – On July 25 the global payment mark UnionPay announced its partnership with Boost, Malaysia home electronic wallet, to increase its footprint in Malaysia and overseas.

As one of the fastest growing global payment brands s Worldwide, UnionPay serves the world's largest card base of over $ 7 billion. Having formed partnerships with more than 1,800 institutions around the world, UnionPay has enabled the acceptance of cards in 170 countries and regions of the world with broadcasts in 48 countries and regions. Providing high-quality, cost-effective and secure cross-border payment services to the largest cardholder base in the world, UnionPay provides convenient local services to a growing number of UnionPay cardholders and merchants. Currently, there are more than 7.5 million QRC (UnionPay QR Code) traders worldwide, with UnionPay International announcing in May 2018 a massive deployment of EMV compliant QRC terminals in different industries Malaysia " We are pleased to partner with Boost to immerse our business in a cashless environment to provide our customers with a more convenient, secure and transparent means of payment. by bringing new perspectives to the global payments industry, the union with Boost means a natural progression of our business as we move towards the digitization of the entire nation, in line with our strategy of locating our activities to the payment needs of Malaysian businesses and consumers ", M. Wenhui Yang Director General, UnionPay International Southeast Asia. [19659005] Boost is one of the leading e-wallet applications with over 2.7 million users with online and offline traders located in more than 30,000 touch points. Virtually replacing the physical portfolio, Boost is designed to simplify the transaction process, ensuring an easy, fast and convenient payment process and a more rewarding overall experience.

" We are delighted to partner with UnionPay International We continue to expand our presence rapidly nationally and internationally as part of our corporate plans. 39. Regional expansion. Because UnionPay International is one of the world's leading international payment brands, this partnership allows us to create relevance for merchants and customers. Malaysia in s & "Building on the international presence of UnionPay, is another important step in expanding the functionality and usability of Boost to provide a more rewarding experience to our partners and customers" Christopher Tiffin Chief Executive Officer of Boost

As part of the partnership, the long term p Lans are to allow users to use the same. application to pull p Arti offers UnionPay to conduct transactions on a global scale and likewise for tourists to deal in Malaysia . On top of that, Boost and UnionPay will jointly step up their marketing efforts to promote their services and accelerate their plans for education and expansion . 19659005] Android users can download Boost from the Play Store while iOS users can download from the App Store. For more information, check the website at https://www.myboost.com.my/. Stay up to date with Boost on social media and hashtag #Gocashless #BoostIt #BoostApp.

Facebook: https://www.facebook.com/myboostapp/
Instagram: https://www.instagram.com/myboostapp/.

About Boost

Boost is a mobile lifestyle portfolio designed to revolutionize the way consumers shop daily. Combining lifestyle needs and cutting-edge digital technology, Boost strives to make transactions easier, faster and safer, and overall a more rewarding experience for consumers.

Boost officially launched in January 2017 telco basic services – the way prepaid users supplement their mobile credit. Boost allows users to pay via their mobile phone in participating locations without having to use cash or cards. 2.7 million Boost users can now pay more than 30,000 points of contact nationwide.

Main features:

  • Cashback
  • Pay utility bills with partners such as Telekom Malaysia, Astro and Syabas
  • Pay for parking (most major streets around Klang Valley )
  • Instant Rewards Through the "Shake" Function
  • Donations to #DoGoodwithBoost
  • Buy and Give Digital Coupons for Online Merchants, Shops, Restaurants, Entertainment, Health and Beauty
  • Divide bills through a single function " Go Dutch "
  • Prepaid purchase reload
  • Free Money Transfers

Android users can download Boost from the Play Store while iOS users can download from the App Store.

For more information, check out the website at https://www.myboost.com.my/ or follow Boost on Facebook (https://www.facebook.com/myboostapp /) and Instagram (https://www.instagram.com/myboostapp/).

About UnionPay International

UnionPay International (UPI) is a subsidiary of UnionPay which focuses on the international affairs of UnionPay. UnionPay is one of the fastest growing payment brands in the world and serves the world's largest card base of more than $ 7 billion. Partnering with more than 1,800 institutions worldwide, UnionPay has enabled acceptance in 170 countries and regions around the world with broadcasts in 48 countries and regions. UnionPay provides high-quality, cost-effective and secure cross-border payment services to its customers and provides convenient localized services to an increasing number of UnionPay customers and merchants. In Southeast Asia, UPI has allowed the acceptance in the 10 countries to issue cards in these markets. In Malaysia UPI collaborates with more than 10 partners to allow acceptance, and Bank China Industrial and Commercial Bank of China and Public Bank Berhad a wide range of payment products and services.

UnionPay now has more than 7.5 million QRC terminals deployed worldwide in 23 markets including the main travel destinations of Malaysians Mainland China Hong Kong Japan Korea, Macao Singapore Taiwan and Thailand . In May 2018 UnionPay International announced that it was working with local acquiring partners to roll out EMV-compliant national implementation of QRP UnionPay for payments, covering a broad spectrum of merchants in retail, food and beverage, attractions, entertainment, hotels, transportation categories and more.

For more information on UPI, visit www.unionpayintl.com

Related Links:

http://www.unionpayintl.com

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