Terminal Technologies Group products has been certified by China UnionPay. Guests from China and customers of Chinese banks will be able to pay for travel in Russian transport and purchases in vending using their cards.
The UnionPay system, whose cards are accepted in 179 countries around the world, is among the world leaders along with VISA, Mastercard, MIR. Terminal Technologies has developed the L2 library as part of the software to work with China UnionPay. VALITEK, TRANSITEK, VENDOTEK will allow tourists and partners from China to use cashless payments in Russia.
Today, it is especially important to accept China UnionPay cards at airports, hotels, retail chains, and transport. COVID-19 virus persists on cash for up to 24 hours, non-cash payments prevent the spread of the coronavirus.
"The development of trade relations with China requires the integration of payment systems. Many Russian banks are already issuing UnionPay cards, and leading retail chains are starting to accept them. Our vending terminals and transport validators will help tourists, business partners and all Bank card holders of the Chinese payment system," said Igor Sukhostavsky, CEO of Terminal Technologies Group.