As you know, the economic relations between Uzbekistan and China have been developing dynamically in recent years. Cooperation between these two countries is expanding not only in the field of trade, but also in such areas as investment, industry, infrastructure, energy and tourism.
For example, in the last 11 months of this year, the foreign trade turnover of Uzbekistan and China amounted to more than 11 billion US dollars.
In this direction, "Mikrokreditbank" also expands cooperation with China. For example, it is noteworthy that this country has been cooperating with the largest international payment system UnionPay since 2019. Over the past period, thanks to partnerships, MKBANK has implemented co-badged cards for use within the salary payment framework.
The company was founded in China in 2002, today it has become one of the largest payment systems in the world and operates in more than 180 countries. UnionPay cards are widely distributed mainly in the Asian market, while the number of users is increasing in Europe, America and other continents.
Based on the aforementioned partnerships, MKBANK is implementing international UnionPay Diamond, UnionPay Platinum, UnionPay Gold, and UnionPay Classic cards.
Using these UnionPay cards introduced in the MKBANK system:
* You can make foreign money transfers, P2P services, 3DS services, SMS notifications and contactless payments.
* You can also freely pay through UnionPay cards in international shopping centers, restaurants, hotels and other services.
The UnionPay payment system is equipped with modern security technologies. Cards are chip-based, and transaction privacy is protected at a high level.
The main thing is that there is an opportunity to open a virtual card through UnionPay.
The launch of UnionPay cards in the MKBANK system is planned for the first quarter of 2025.
Bank Information Service
See also
The annual reporting meeting of the WE-Finance Code initiative was held.
