MOU between UNWTO and UnionPay International signed in Shanghai
UNWTO and UnionPay International signed a Memorandum of Understanding in Shanghai on Nov, 13th 2014. The MOU is aimed at enhancing the global cooperation between the two parties, improving the consumption experience through resource sharing, mutual support of relative advantages. UnionPay is the special supporting unit for the China International Tourism Forum which is co-organized by UNWTO and China National Tourism Administration on the occasion of 2014 China International Travel Mart (CITM). About 300 experts and representatives from the tourism administrations and private sectors from all over the world attended this Forum. It provided excellent platform for the participants to get insights on how to better penetrate the Chinese market, and to share with China´s experience in destination promotion.
According to the sighed MOU, UNWTO and the UnionPay International will carry out a series of cooperation on joint research about tourism consumption, improvement of payment services for the tourism sector and branding.
About UnionPay International
UnionPay International (UPI) is a subsidiary of China UnionPay focused on the growth and support of UnionPay’s global business. In partnership with more than 300 institutions worldwide, UnionPay International has enabled card acceptance in over 140 countries with issuance in more than 30 countries. UnionPay International provides high quality, cost effective and secure cross-border payment services to the world’s largest cardholder base and ensures convenient local services to a growing number of global UnionPay cardholders and merchants.