Greece-based Piraeus Bank in partnership with UnionPay International has launched QuickPass to the Southern Europe for the first time.
By the end 2017, the bank will equip over 50,000 merchants in Greece to accept UnionPay QuickPass [contactless] payments with UnionPay cards and mobile phones.
The new payment service will support payments of up to €25 at any operational POS without requiring users to enter PIN and signature. The service will be available at department stores, airport duty-free shops in Athens and Santorini.
Commenting on the partnership, Piraeus Bank assistant general manager Ioannis Grammatikos said: “We take pride in leading the contactless experience in Greece and we are delighted to be working with UnionPay to bring QuickPass and contactless payments for QuickPass customers to Southern Europe for the first time.”
The Greek-Chinese Economic Council estimates that the gradual increase in the number of flights from China will help up to 1.5 million Chinese to visit Greece per year, over the next five years.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalData