UnionPay brings QR code mobile payments to North America
UnionPay International is partnering with Bank of China (Canada) to enable all Foodymart stores in Canada to accept UnionPay QR code payment, according to a press release.
Some food and beverage merchants in California, have recently started accepting UnionPay QR code payment too, according to the release. This is the first time UnionPay's QR code payment has been launched in Canada and the U.S. It is expected that the number of merchants accepting UnionPay QR code payment in North America will reach 5,000 within this year, according to UnionPay.
So far, about 80,000 POS terminals in the U.S. accept UnionPay mobile QuickPass, and this figure is expected to grow to 250,000 within this year. There are also thousands of daily consumer merchants in Canada that have accepted UnionPay mobile QuickPass.
After the launch of UnionPay QR code payment, users of the UnionPay app can scan and pay at the Foodymart stores in Toronto and Vancouver, as well as at restaurants such as Hai Di Lao Hot Pot in San Francisco, according to the release.