On September 25th 2019 at UnionPay International Middle East Office – Dubai, U.A.E, UnionPay International (UPI), one of the leading international bank card companies and iShopping.pk(a brand of JW&FA Companies Pvt. Ltd.), a leading online shopping platform have signed an agreement to enable UnionPay Online Payment (UPOP) at iShopping in Pakistan.
This collaboration will facilitate UnionPay cardholders to engage in a secure online marketplace from the comfort of their homes. This move is expected to enhance UnionPay's already flourishing e-commerce acceptance in Pakistan.
The signing ceremony was attended by Mr Jamal Dhedhi(CEO – iShopping.pk) along with team members& Mr Han Wang (GM - UnionPay International Middle East Branch)& Mr Nadeem Haroon (Country Manager – Pakistan & Afghanistan at UnionPay International ME) with his team members. According to Mr Han Wang, UnionPay International is pleased to enter into a formal relationship with one of the pioneer online shopping platforms in the country. This partnership is a positive step towards the digitisation of Pakistan. It also reaffirms UPI's commitment to offering a safe and convenient online and offline payment experience to all UnionPay cardholders.
In this regard, the CEO of iShopping.pk, Mr Jamal Dhedhi; “As we are in the dynamic industry of information technology and digitisation, we always pursue to come up with top-line facilitations for online shopping in Pakistan. About this agreement, he further said that “this agreement will going to be an ultimate dexterity in online payments”. Mr Jamal Dhedhi is very keen about this new update and very optimist as well;
He also pointed that:
• It will be ease for UnionPay International cardholders to make a secured checkout and access the widest range of original products.Soon we will be launching QR code-based checkout with UnionPay innovative payment solutions.We also plan to launch a digital wallet powered by UnionPay for loyal customers along with UnionPay cardholders.As we always adapt the modern and innovative solutions just as those offered by UnionPay, it will be a strong partnership.
UPOP has been specifically developed by UPI to provide a safe and smooth online payment service to UnionPay cardholders. Through this service, UnionPay cardholders will receive a unique OTP (one-time-password) by SMS every time they conduct an online transaction. This acts as an additional verification measure to confirm the legitimacy of the transaction and can therefore effectively prevent online frauds.
UnionPay cards are accepted in 177countries and regions and issued in 58countries and regions, providing high quality, cost-effective and secure cross-border payment services to its global cardholders and merchants. To offer better and diverse payment services to its growing cardholders worldwide and support financial inclusion blueprints of more markets, UPI has been leading initiatives across international markets for acceptance of its card-based and innovative payment solutions.
iShopping.pk is an online shopping platform that brings all kinds of buyers and sellers together. They deal in an extensive product range; not limited to home appliances, mobile phones gadgets, and more. iShopping.pk helps its customers by providing a personalised level of pre-sales and after-sales support unmatched by any of their competitors.