As part of the agreement, Moorwand will issue the UnionPay cards in the UK and across the EEA through the UPayCard branded prepaid card solution.
The first wave of pre-paid cards has been issued to an initial cohort of UPayCard account holders with plans to rollout larger volumes in the first quarter of 2019.
UPayCard is a global multi-currency service for businesses and consumers. Business and individual account users will have access to a multi-currency payment solution that enables them to make secure instant payments.
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