UnionPay International: Launches SoftPOS solution in Malaysia

UnionPay International: Launches SoftPOS solution in Malaysia

• UnionPay International (“UPI”​) is a wholly-owned subsidiary of China  established in Nov 2012
• The SoftPOS solution to be launched in Malaysia is expected to create greater market opportunities for UPI
• The solution will enable UPI to offer its SoftPOS solution to merchants of all sizes – especially SMEs
• This UPI SoftPOS solution, a first for UPI and to be launched in Malaysia, transforms consumer-grade NFC Android smartphones
• UPI’s vision is to always push new boundaries in payment innovation
• As part of the launch, UPI is working with AmBank Group to utilise its existing SoftPOS solution