SHANGHAI, Sept. 30, 2017 /PRNewswire/ — On September 21, ZIRAAT BANK signed a cooperation agreement with UnionPay International, according to which all ATMs and POS terminals of ZIRAAT BANK will be opened to accept UnionPay cards 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.
As expected, 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, and thus UnionPay possesses the world’s largest cardholder group. The cooperation this time not only facilitates the payments of consumers around the world who visiting Turkey, but also helps local merchants to attract more tourists.
This year, Garanti Bank will issue UnionPay credit cards as well. At that time, consumers in Turkey can choose UnionPay cards to be their payment tool for both daily expense and global travel.