FARDO Micro Deposit Organization LLC announced on July 14 that it has been accepted as a Principal Member of UnionPay International, a subsidiary of China UnionPay, the largest card issuer in the world. The partnership offers FARDO’s customers more payment options with the ability to target the world's biggest online retail markets and the fastest growing payment scheme globally.
The head of the FARDO department for banking technologies and debit cards, Dilshod ishoqov, says that in partnership with UnionPay they are now able to provide high quality, cost effective and secure cross-border payment services.
According to him, principal membership in UnionPay International will allow them to provide their customers with flexible payment solutions and accessibility to a much larger consume market.
“Cooperation with UnionPay International is a new reality that will allow us and our clients not to depend on any certain payment system,” Ishoqov said.
“Issuance of the first cards, emitted by FARDO Micro Deposit Organization LLC, is planned for the near future. By the way, they will be the cobrand cards uniting two payment systems – Korti Milli and UnionPay International,” he noted.
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.
