UnionPay supports Jioon card acceptance
UnionPay International and Emirates Payments, the owner of the "Jiohn" system in the UAE, have signed a memorandum of understanding to expand the acceptance of the "Jiohn" card worldwide through the UnionPay network. The agreement will enable the card to be used at over 100 million point-of-sale locations and 1.8 million ATMs across 183 countries, enhancing the efficiency of international payments and supporting trade and tourism between the UAE and China. UnionPay will convert "Jiohn" transactions outside the UAE into the national switch system, providing settlement and foreign exchange services, in a move aimed at boosting competitiveness and security in cross-border payments.
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