iVeri direct UPI service goes live

iVeri Payment Technologies now has a direct integration to UnionPay Online Payment (UPOP). This integrated platform will allow customers to use UnionPay cards to make payments through online merchants. Currently in production at I&M Bank in Kenya, iVeri now makes this solution available to all customers.
 
This partnership with UnionPay will bring increased convenience to UnionPay cardholders transacting in Africa, especially through E-commerce merchants. The next phase in this partnership is the addition of POS and other forms of acquiring provided by UPI.

This collaboration between the partners will further ensure smooth online payment between China and Africa, offering stronger support for China-Africa trade and personnel exchanges.

iVeri has Acquiring Banks in 11 African and Middle Eastern countries that use its Gateway to provide their merchants with multi-channel card acceptance. This integration with UnionPay will enable iVeri to enhance the acceptance offering and provide further value to its customers.

In partnership with more than 2000 institutions worldwide, UnionPay International has enabled card acceptance in 174 countries and regions with issuance in 55 countries and regions. To date, more than 7.5 billion UnionPay cards are issued in 55 countries and regions, among which over 120 million are issued outside mainland China.

UnionPay International provides high quality, cost effective and secure cross-border payment services to the world’s largest cardholder base and ensures convenient local services to a growing number of global UnionPay cardholders and merchants adopting UnionPay payment service