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UnionPay Hosts Global Partners Conference 2025 - Innovations in Open Payments: Sharing Success in Payment Connectivity, Building a Connected Global Payment Network with the New Four-Party Model

SHANGHAI, Dec. 03, 2025 (GLOBE NEWSWIRE) -- On November 28, 11 cross-border payment cooperation documents were signed in Shanghai, China, between UnionPay and 11 major institutions, including the Bank of China, PayNet (Malaysia), Uzcard (Uzbekistan), HUMO (Uzbekistan), IPC (Kyrgyzstan), Hong Leong Bank (Malaysia), OCBC Bank (Singapore), Banco do Brasil (Brazil), FonePay (Nepal), and Bluecode (Austria). A Media Snippet accompanying this announcement is available by clicking on this link. These si

articleBanco Do Brasil S.a.December 3, 20254/company/banco-do-brasil-sa-1/news/unionpay-hosts-global-partners-conference-2025-innovations-in-open-payments-sharing-success-in-payment-connectivity-building-a-connected-global-payment-network-with-the-new-four-party-model
UnionPay Hosts Global Partners Conference 2025 - Innovations in Open Payments: Sharing Success in Payment Connectivity, Building a Connected Global Payment Network with the New Four-Party Model

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[{"type":"text","content":"SHANGHAI, Dec. 03, 2025 (GLOBE NEWSWIRE) --","length":43,"tagName":"p"},{"type":"text","content":"On November 28, 11 cross-border payment cooperation documents were signed in Shanghai, China, between UnionPay and 11 major institutions, including the Bank of China, PayNet (Malaysia), Uzcard (Uzbekistan), HUMO (Uzbekistan), IPC (Kyrgyzstan), Hong Leong Bank (Malaysia), OCBC Bank (Singapore), Banco do Brasil (Brazil), FonePay (Nepal), and Bluecode (Austria).","length":366,"tagName":"p"},{"type":"text","content":"A Media Snippet accompanying this announcement is available by clicking on this link.","length":85,"tagName":"p"},{"type":"text","content":"These signings were key achievements of the UnionPay Global Partners Conference 2025 - Innovations in Open Payments: Sharing Success in Payment Connectivity. The event gathered representatives from 72 organizations worldwide, including central banks, commercial banks, and payment institutions to witness a broader range of achievements.","length":347,"tagName":"p"},{"type":"text","content":"Bridging Borders: a Connected Global Payment Network","length":52,"tagName":"p"},{"type":"text","content":"Amid evolving global trade and economic dynamics, a cross-border and connected payment systems has become an international consensus. Starting in Asia, UnionPay launched payment connectivity collaborations with partners in Thailand, Vietnam, Laos, Indonesia, Malaysia, Cambodia, and Singapore, later expanding to South America and Africa. In total, UnionPay is working with partners in about 50 countries and regions worldwide to build a connected global payment network.","length":471,"tagName":"p"},{"type":"text","content":"As Mr. Dong Junfeng, Chairman of China UnionPay and UnionPay International stated in his remarks, tens of millions of micro, small, and medium-sized merchants worldwide now have access to UnionPay's inclusive and extensive global network, unlocking China's huge consumer markets, vitalizing global economic. Building a connected global network is a long-term, collective endeavor. UnionPay pursues mutually beneficial partnerships that leverage strengths of both issuing and acquiring sides for industry shared growth and fair profits distribution.","length":556,"tagName":"p"},{"type":"text","content":"Shared Value: an Open and Inclusive New Four-Party Model","le...

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Bank of ChinaUnionPayHong Leong BankPartners ConferenceOCBC BankOpen Paymentspayment industryIndonesian Payment System AssociationGlobal PaymentDong JunfengChinaSHANGHAI