UnionPay International (UPI) partners with CH17
View(s):UnionPay International (UPI) has partnered with CH17 Loyalty (CH17) to manage and promote hybrid loyalty payment schemes in Sri Lanka, focusing on some of the most dynamic sectors that contribute towards economic growth of the country.
Ashutosh Agrawal - General Manager of UnionPay International South Asia with Jumar Preena – CEO of CH17 (centre) and Crispin Wijesekera – Country Manager Sri Lanka and Maldives of UnionPay International.
Under this agreement, UPI and CH17 will jointly issue CH17 UnionPay Payment Cards, and cardholders of the card could enjoy multiple retail benefits, recognition and privileges in Sri Lanka as well as around the world through UPI’s global merchant privilege platform, CH17 said in a media release.
UnionPay started its business in Sri Lanka in 2006, and has been committed to bringing secure, convenient and efficient payment services to not only tourists visiting Sri Lanka but also the local residents. At the end of 2018, issuance of the first UnionPay card in Sri Lanka was announced through Commercial Bank of Ceylon. Now local residents can apply for a variety of UnionPay card products at various bank outlets.
UnionPay cardholders can use these cards in UnionPay’s global network that covers 177 countries and regions, including the majority of merchants and ATM terminals in Sri Lanka, while enjoying special discounts, loyalty rewards and abundant benefits offered by UnionPay.
“UPI’s entry to Sri Lanka is a clear manifestation of its commitment towards offering safe and convenient payment service to both visitors and residents in Sri Lanka. And I am delighted to be UPI’s local partner for loyalty engagement,” Jumar Preena, CEO of CH17 Loyalty said. “We have a full-fledged platform that can be integrated to any third-party payment or loyalty schemes such as banks, insurance, retail services including hotels and worker welfare,” he added.
“The partnership with CH17 will further enrich our card portfolio in Sri Lanka and help our local UnionPay cardholders to access a readymade loyalty platform, through which they can enjoy discounted benefits at various merchant outlets island-wide,” said Ashutosh Agrawal, General Manager of UnionPay International, South Asia.
Currently CH17 serves merchants from various platforms ranging from General Retail, Health and Wellness, Clothing and Accessories, Hospitality and Leisure and consumables to name a few.