Stripe’s partnership with UPI complements its existing Alipay and WeChat Pay integrations

Stripe and UnionPay International expand their partnership. Source: stripe.com

Stripe has deepened its partnership with China’s UnionPay International, one of the world’s largest payment networks.

The integration will enable businesses in over 30 markets, including Australia, Singapore, Hong Kong SAR, Canada, the US, the UK, as well as across the EU, to:

• securely accept payments from billions of UnionPay cardholders globally
• offer localized and flexible checkout experiences for consumers by facilitating transactions in Chinese Yuan and multiple global currencies
• automate processes to manage refunds and customer disputes
• manage payments, reporting, and payouts across all of Stripe’s products via a single powerful interface: the Stripe dashboard

We’ve reported that Adyen launched Score, a machine learning-driven solution, on a single platform, for signaling irregular activity and monitoring platform compliance.

SEE ALSO:

• Best fintech ETFs in 2021
• Bearish vs bullish: difference explained
• 5 maneras de apoyar a los negocios locales que se recuperan de la pandemia