China UnionPay and ANT GROUP strengthen cooperation to jointly develop new offline integrated payment devices

AASTOCKS
2026.04.16 08:54

China UnionPay and ANT GROUP have reached a cooperation agreement for ecological co-construction, which will upgrade their collaboration in innovative payment devices, promoting consumption, and facilitating people's livelihoods, continuously optimizing payment services to enhance payment convenience.

The two companies will jointly develop and promote new types of offline integrated payment devices. The new equipment will fully integrate mainstream payment methods such as "Alipay Tap," UnionPay Mobile Pay, QR code scanning, and card swiping for the first time, enhancing the consumption experience for inbound travelers and effectively lowering the payment threshold for the elderly and visually impaired individuals. In addition, UnionPay Business has also signed a relevant business cooperation agreement with Alipay

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