30 September 2017

UnionPay to up coverage in Turkey via ZIRAAT BANK and Garanti Bank

Turkey's ZIRAAT BANK has signed an agreement with UnionPay International to accept UnionPay cards at all of its ATMs and POS terminals by the end of the year, so as to further expand the scope of UnionPay cards in Turkey and to improve the experience of UnionPay cardholders visiting Turkey.

UnionPay expects that by the end of this year, the acceptance coverage rate of UnionPay cards at ATMs in Turkey will be increased from the existing 50% to near 70%, and that of POS terminals rising from 80% to near 90%. At present, over 6.3 billion UnionPay cards have been issued globally, making UnionPay the world's largest cardholder group.

Garanti Bank is to issue UnionPay credit cards this year as well, UnionPay said.