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Motion Pay announces the partnership with UnionPay International to offer UnionPay QR code payments across Canada.

OTTAWA , May 13, 2019 /CNW/ - To kick-off its week for the Payments Canada Summit 2019, Motion Pay Technology Inc. (Motion Pay), the leading cross-border mobile payment solution provider in Canada , announces that it has reached a partnership with UnionPay International, and that it's launching the rollout of UnionPay QR code payments across Canada . With the acceptance of UnionPay QR code payments, Motion Pay adds to its fully integrated mobile payments business offer in supporting Canadian businesses to attract more Chinese consumers with their preferred payment options.

Founded in 2002, UnionPay serves a card base of over 7 billion globally, which is the largest cardholder base in the world. UnionPay is also the preferred payment method of Chinese outbound tourists. Besides a rich portfolio of card products, UnionPay also offers a variety of mobile payment options to meet cardholders' increasing demands for safe and easy mobile payment services. So far, users of the UnionPay app can enjoy safe and convenient mobile payment services in 46 countries and regions worldwide.

" Canada is one of the most popular destinations for Chinese outbound tourists, and UnionPay International is committed to offering as safe and seamless mobile payment experience to our cardholders in their travel destinations as that back in China . This is why we choose to partner with Motion Pay which has the abundant experience and knowledge in providing QR Code mobile payment solutions in Canada ," says Senior Executive of UnionPay International, North America . According to Destination Canada, with a record 695K visitors (+9%) YTD, China was Canada's largest source of long-haul arrivals in November 2018 .

"It's a great opportunity for Motion Pay to expand its service scope to businesses across Canada ," says Eric Paquet , Motion Pay's President and Chief Operating Officer, "We are thrilled and feel very humbled to have been selected by UnionPay International to offer the UnionPay QR code payment service. We believe this partnership will definitely benefit both parties by reaching more Canadian merchants and ultimately facilitate the shopping and payment experience for Chinese consumers".

To pay with UnionPay QR code payment service, customers can add their UnionPay cards into the mobile application of "UnionPay" and press "Pay & Receive" to either scan the merchant's standalone QR code signage or let the cashier scan the QR code that automatically generated from the app to complete the payment. UnionPay International will also launch several rounds of promotional campaigns in 2019. The app users will enjoy various discounts when shopping via UnionPay APP.

About Motion Pay
Motion Pay Technology Inc is the first Canadian company to introduce Chinese QR code mobile payment solutions in Canada . As the leading company to introduce one single solution to Canadian businesses with every top ranked mobile way to pay in China , Motion Pay is truly simplifying Chinese customer's shopping experience in-store and on-line, and producing more sales opportunities for Canadian merchants. For more information, please visit: www.motionpay.ca.

About UnionPay International
UnionPay International (UPI) is a subsidiary of China UnionPay focused on the growth and support of UnionPay's global business. In partnership with more than 2,000 institutions worldwide, UnionPay International has enabled card acceptance in 174 countries and regions with issuance in 51 countries and regions. 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. For more information, please visit: www.unionpayintl.com/en.

SOURCE Motion Pay Technology Inc.


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