- Silicon Valley, USA
Silicon Valley, USA
TBCASoft and UnionPay International announce a network-to-network cooperation agreement to advance digital payment interoperability between their respective ecosystems. Through this cooperation, UnionPay International’s user-side ecosystem will be connected across TBCASoft’s HIVEX® merchant-side ecosystem, allowing UnionPay-enabled users to make QR-code-based payments using CPM (Customer Present Mode) and/or MPM (Merchant Present Mode) at merchant endpoints operated by HIVEX Acceptance Partners. By connecting at the network level, the cooperation creates an efficient and scalable model for payment acceptance expansion across participating markets.