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.
Go deeper with GlobalData
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.
