UnionPay International and the National Bank of Pakistan jointly issued UnionPay cards

A few days ago, UnionPay International and the National Bank of Pakistan jointly announced that the two sides have signed a cooperation agreement to stipulate the issuance of 3.5 million UnionPay cards in Pakistan in the next five years to support the economic and trade cooperation and personnel exchanges between China and Pakistan.

At present, UnionPay cards are available for 70% ATM and 95% POS terminals in Pakistan, and more than 2.7 million UnionPay cards have been issued by local agencies in the country.

It is reported that the National Bank is one of the largest commercial banks in Pakistan with more than 1,400 branches. This UnionPay International will cooperate with it to issue UnionPay debit cards and UnionPay prepaid cards in the next five years. All of these cards will support online payment functions. The two sides also plan to open all (more than 1,000) ATMs of the bank to accept UnionPay cards during the year.

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