#London #United Kingdom #DOJO #UnionPay #UK Payment

UnionPay International Partners with Dojo to Enhance Card Acceptance in the UK

In an exciting development for cardholders and small businesses alike, UnionPay International (UPI) has announced a strategic collaboration with Dojo, the leading payment provider for small and medium-sized enterprises (SMEs) in the UK. This partnership aims to significantly improve the acceptance of UnionPay cards throughout the United Kingdom, facilitating easier, faster payments for consumers and creating new opportunities for SMEs to connect with a diverse, international customer base.

Expanding Payment Accessibility

Dojo is known for its innovative, technology-driven payment solutions that simplify commerce for businesses across various sectors. By teaming up with UnionPay, Dojo is set to make UnionPay cards useful at around 150,000 merchants in the UK, leveraging its established merchant network that includes prominent businesses in the hospitality industry such as Pizza Pilgrims, Côte, and Boxpark.

This means that UnionPay cardholders can expect to make smooth transactions at a variety of locations, particularly those in the dining and hospitality sectors, where seamless payment solutions are essential. High-traffic shopping spots such as Bicester Village, Harrods, and London’s Heathrow Airport all support UnionPay card transactions, enabling cardholders to shop and dine with ease.

Catering to a Dynamic Market

The UK's payment landscape is in a state of flux, shifting increasingly towards card payments while the usage of cash diminishes. Recent reports from PwC UK indicate that debit card payments currently dominate the scene, comprising 50% of all transactions. Projections suggest that by 2032, cash will account for a mere 7% of transactional volume. Given these trends, embracing efficient payment solutions that focus on customer convenience is pivotal for businesses aiming to thrive.

James Yang, the General Manager of UnionPay International's Europe Branch, emphasized the importance of this partnership, stating, "At UnionPay, we are committed to providing our cardholders with convenient and reliable payment options worldwide. Partnering with Dojo strengthens our presence in the UK, enabling more businesses to accept UnionPay and enhancing payment accessibility for millions of global customers."

Boosting Merchant Capabilities

Dojo's VP of Payments, Nuno Mateus, expressed enthusiasm for the partnership as well, noting, "We are delighted that our strategic partnership with UnionPay will expand card acceptance across the UK, allowing merchants to tap into an extensive international customer base while boosting payment experiences for cardholders." Dojo focuses on delivering payment solutions designed to facilitate the growth and operational efficiency of businesses, aligning well with UnionPay’s ideals.

By improving card acceptance, UnionPay and Dojo have successfully taken a significant step in expanding UnionPay’s footprint in the UK. This aligns seamlessly with UnionPay's broader mission to enhance global payment connectivity and to better support the businesses and consumers that utilize their network.

Conclusion

The collaboration between UnionPay International and Dojo represents a milestone in improving payment accessibility for customers and merchants alike in the UK. With a shared commitment to innovation and customer-centric solutions, both companies are poised for success in meeting the evolving demands of the payment landscape. As businesses continue to adapt to these market changes, partnerships like this will be crucial in providing integrated solutions that benefit everyone involved.

For those interested in exploring more about Dojo, visit their website at dojo.tech for comprehensive insights into their offerings. Likewise, for more information on UnionPay International's global services, check out unionpayintl.com.