China UnionPay and a Kenyan bank collaborate to increase e-commerce payments

UnionPay International (UPI), a division of China UnionPay, and KCB Bank Kenya, one of Kenya’s leading banks, announced a cooperation on Friday to improve Kenya’s e-commerce payment capabilities and allow UnionPay cardholders to conduct business online.

The partnership represents a major breakthrough in digital payment technology, with the goal of enabling online buying for Kenyan customers and retailers.

According to Jane Isiaho, KCB Bank’s director of retail banking, the collaboration demonstrates the bank’s dedication to provide safe and effective digital payment solutions that meet its clients’ changing demands.

Isiaho stated in a statement released in Nairobi, Kenya’s capital, “By integrating UnionPay’s robust payment solutions, we are enabling seamless and secure online transactions for UnionPay cardholders.”

In order to build a strong ecosystem that promotes ease for both customers and businesses, KCB Bank plans to expand UnionPay card acceptance across important merchant categories, such as grocery chains, all government e-citizen services, and top hotel chains.

UnionPay, which focuses on scalability, security, and customer-centric innovation, delivers insightful knowledge and best practices from China, where digital and contactless payment solutions are extensively used in daily transactions, to Africa.

According to UPI Africa region leader Asad Burney, the collaboration demonstrates UPI’s dedication to assisting Africa’s payment digital revolution. “We aim to provide enhanced security and convenience for online transactions, contributing to a more seamless shopping experience for consumers.”

E-commerce payment solutions, according to KCB Bank, provide a number of benefits, such as improved security, speedy transaction processing, worldwide reach, and lower cart abandonment rates, all of which add up to a better shopping experience for customers and retailers.