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ChamsSwitch, a leading financial technology company, is excited to announce a strategic partnership with Wema Bank to introduce the UnionPay card in Nigeria. This collaboration aims to transform the payment experience for Nigerians traveling abroad, particularly to China and other Asian countries, as well as for those making international online transactions from home.
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Dumebi Obodo, Managing Director of ChamsSwitch, expressed enthusiasm about the partnership: “We are excited to partner with Wema Bank to bring the UnionPay card to Nigeria. This collaboration aligns with our mission to provide innovative and seamless payment solutions for Nigerians. The UnionPay card offers unparalleled convenience and security for our customers, whether they are traveling abroad or making international online purchases. We believe this product will significantly enhance the payment experience and meet the diverse needs of our users.”
UnionPay, the largest card scheme in the world by card volume, brings numerous benefits to Nigerian consumers. The launch of the UnionPay USD Prepaid card by ChamsSwitch and Wema Bank is set to meet the increasing demands of Nigerian travelers and businesspeople.
The UnionPay USD Prepaid card is ideal for Nigerians traveling abroad, especially to China and other Asian countries where UnionPay is the dominant card scheme. The card ensures a seamless and hassle-free payment experience, allowing travelers to load their cards in Nigeria and withdraw cash from ATMs in their destination countries. This is particularly advantageous in regions like China, where other card schemes may face acceptance issues.
Beyond benefiting travelers, the UnionPay card is also advantageous for business professionals and online shoppers in Nigeria. It facilitates secure and straightforward international purchases, providing a reliable alternative for those wishing to buy products from global online marketplaces.
ChamsSwitch and Wema Bank are committed to offering a cost-effective and secure payment solution. The UnionPay card is designed with lower transaction fees, enhanced security features, and a seamless user experience, making it an attractive option for Nigerian consumers.
UnionPay’s extensive global network ensures that cardholders can use their cards in numerous countries worldwide. The card is widely accepted in Asia, including Japan, South Korea, Singapore, Thailand, Vietnam, Indonesia, Malaysia, the Philippines, Cambodia, Myanmar, and Sri Lanka. It is also well-accepted in BRICS countries. This global acceptance makes the UnionPay card a versatile and indispensable tool for international travelers and businesses.
