UNIONPAY TO PLUG CHINESE PAYMENT APPS INTO BRAZIL’S PIX AFTER US TARIFFS OVER THE SYSTEM
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| Source | Latest linked headline | Age |
|---|---|---|
| News - South China Morning Post | UNIONPAY TO PLUG CHINESE PAYMENT APPS INTO BRAZIL’S PIX AFTER US TARIFFS OVER THE SYSTEM | 1 hr ago |
WHAT HAPPENED
China’s UnionPay International plans to connect Chinese payment apps to Pix, the Brazilian payment system at the centre of Washington’s trade case against Brasilia, allowing Chinese tourists to pay by scanning a code. Under the pilot, users of the UnionPay app and of Chinese bank apps linked to its platform would scan a merchant’s code and pay from the account they use at home.
News - South China Morning Post reports that china’s UnionPay International plans to connect Chinese payment apps to Pix, the Brazilian payment system at the centre of Washington’s trade case against Brasilia, allowing Chinese tourists to pay by scanning a code.
The report adds: Under the pilot, users of the UnionPay app and of Chinese bank apps linked to its platform would scan a merchant’s code and pay from the account they use at home.
Chinese state media reported that access would later extend to other digital wallets in UnionPay’s global network.
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DAMMNEWS RSS BRIEFING — generated locally from the available News - South China Morning Post headline and RSS excerpt. It is not a summary of the full source article.
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