Core Viewpoint - The launch of the Cross-Border QR Code Unified Gateway marks a significant innovation in China's cross-border payment infrastructure, facilitating a unified interface for cross-border QR code payment services [1][3]. Group 1: Unified Gateway Launch - The Cross-Border QR Code Unified Gateway officially began trial operation at the end of July, under the guidance of the People's Bank of China [1]. - The Unified Gateway aims to address long-standing issues in cross-border payments, such as inconsistent standards and multiple interfaces, by providing a single technical interface for domestic and foreign institutions [1]. Group 2: China UnionPay's Role - China UnionPay is a key participant in the Unified Gateway initiative, enhancing the interconnectivity of the QR code payment network through comprehensive payment services and ecosystem development [2]. - As of August, the "Jinxiu Action" initiative by China UnionPay has covered 1.35 million key merchant scenarios, supporting 232 types of aggregated QR codes for direct use by foreign wallets [2]. Group 3: International Expansion - China UnionPay is promoting cross-border QR code payment interconnectivity through a dual-track cooperation model, having launched or advanced 19 interconnectivity projects in countries like Vietnam, Indonesia, and Argentina [3]. - The number of overseas QR code acceptance merchants has surpassed 10 million, with expectations to reach tens of millions within the year [3]. - Over 170 overseas QR code payment wallets have been integrated into the UnionPay network, covering 30 countries and regions [3].
中国银联参与建设跨境二维码统一网关,助力构建支付互联互通新生态
Guo Ji Jin Rong Bao·2025-09-19 10:39