Alpha Bank Romania and UnionPay International (UPI) announce that UnionPay cardholders worldwide can now use their cards at POS terminals in the Alpha Bank acceptance network. With this agreement, Alpha Bank Romania becomes the first bank in the country to accept UnionPay cards at POS terminals.
This is an extension of the previous agreement from May 2019 between Alpha Bank Romania and UnionPay, whereby UnionPay cards were accepted in the Bank’s ATM network. Now, UnionPay cardholders can not only withdraw cash from Alpha Bank ATMs, but also make payments at over 4,000 merchant locations in Romania.
With over 8 billion cards issued in total in 61 countries and regions worldwide, UnionPay now serves the largest cardholder base. Currently, 15 out of 17 countries and regions in Central and Eastern Europe accept UnionPay cards.
“As the first international bank to launch operations in Romania, Alpha Bank is a major player in the payments industry and is our valuable partner in the local market. We are very happy to launch the ATM acceptance service, followed by the POS acceptance service together with Alpha Bank Romania. This achievement will benefit our cardholders and enhance the service capability of local merchants offered to UnionPay customers,” said Wenhui Yang, General Manager of UnionPay International’s European Branch.
“We are honored to be the first banking partner in Romania of UnionPay, an organization present in most European countries. At the same time, we are pleased to offer value-added services to local merchants and contribute to the increased attractiveness of Romanian destinations. Now, any merchant holding a POS from Alpha Bank Romania can immediately accept secure and convenient transactions from UnionPay cardholders”, said Mr. Cristian Dragoș, Executive Vice President Aria Retail, Alpha Bank Romania.