iShopping.pk (a brand of JW&FA Companies Pvt. Ltd.) and UnionPay International, one of the leading international bankcard companies, have signed an agreement to enable UnionPay Online Payment (UPOP) at iShopping.pk in Pakistan.
This collaboration will facilitate UnionPay cardholders to engage in a secure online marketplace from the comfort of their homes. This move is expected to enhance the already flourishing e-commerce acceptance of UnionPay in Pakistan.
The signing ceremony was attended by Mr. Jamal Dhedhi (CEO – iShopping.pk) along with team members and Mr. Han Wang (GM – UnionPay International Middle East Branch) & Mr. Nadeem Haroon (Country Manager – Pakistan & Afghanistan at UnionPay International ME) with his team members.
Mr. Han Wang, GM – UnionPay International Middle East Branch commented:
UnionPay International is pleased to enter into the formal relationship with one of the pioneer online shopping platforms in the country. This partnership is a positive step towards the digitization of Pakistan. It also reaffirms UPI’s commitment to offering safe and convenient online and offline payment experience to all UnionPay cardholders.
In this regard, the CEO of iShopping.pk, Mr. Jamal Dhedhi said;
As we are in the dynamic industry of information technology and digitization, we always pursue to come up with top-line facilitations for online shopping in Pakistan. Pertaining to this agreement he further said that “this agreement will going to be an ultimate dexterity in online payments.
Mr. Jamal Dhedhi was keen on this new update and very optimist as well. He also pointed out that;
- It will be an ease for UnionPay International cardholders to make a secured checkout and access the widest range of original products.
- Soon, iShopping.pk will be launching QR code-based checkout with UnionPay innovative payment solutions.
- The e-commerce platform also plans to launch a digital wallet powered by UnionPay for loyal customers along with UnionPay cardholders.
- As iShopping always adapts modern and innovative solutions just as those offered by UnionPay, this should definitely be a strong partnership.
UPOP has been specifically developed by UPI to provide safe and smooth online payment service to UnionPay cardholders. Through this service, UnionPay cardholders will receive a unique OTP (one-time password) by SMS every time they conduct an online transaction.
This acts as an additional verification measure to confirm the legitimacy of the transaction and can therefore effectively prevent online frauds.
UnionPay cards are accepted in 177 countries and regions and issued in 58 countries and regions, providing high quality, cost-effective and secure cross-border payment services to its global cardholders and merchants. With the aim of offering better and diverse payment services to its growing cardholders worldwide as well as supporting financial inclusion blueprints of more markets, UPI has been leading initiatives across international markets for acceptance of its card-based and innovative payment solutions.
iShopping.pk is an online shopping platform that brings all kinds of buyers and sellers together. They deal in an extensive product range; not limited to home appliances, mobile phones, gadgets and much more. iShopping.pk helps its customers by providing a personalized level of pre-sales and after-sales support.