UnionPay International Expands Singapore Presence with Launch of DBS UnionPay Platinum Debit Card
2016-05-16


SINGAPORE, May 16, 2016 – UnionPay International, a leading global payment network, today launched its first debit card with DBS Bank, the largest bank in Singapore and Southeast Asia. Aimed at providing consumers in Singapore with additional choice and ease of payment locally and abroad, the DBS UnionPay Platinum Debit Card offers cardholders convenience with a global network of 34 million merchants and 2 million ATMs worldwide, including almost all the ATMs and POS terminals in China.

 

The launch of the DBS UnionPay Platinum Debit Card also marks another step forward in UnionPay International’s expansion plan in Singapore, by enabling the payment network access to DBS Bank’s extensive customer base of over 4 million users. With UnionPay named as the new Official Card of The Great Singapore Sale 2016, DBS UnionPay Platinum Debit cardholders can also enjoy exclusive discounts, privileges, rewards and giveaways, at the biggest sale event of the year to be held from 3 June to 14 August 2016.

 

In addition, DBS UnionPay Platinum Debit cardholders can look forward to ease of payment via UnionPay’s well-established global network across 157 countries and regions, as well as the following card benefits:

 

· Cashback for overseas and local spend*

Spend with your DBS UnionPay Platinum Debit Card to enjoy cashback on your overseas and local spend.

 

· Exclusive merchant deals in Singapore and globally*

Enjoy exclusive offers, such as discounts off duty free shopping, complimentary hotel upgrades and dining and recreational offers, locally and globally with UnionPay Global Privileges.

 

· 24-hour concierge service

Enjoy the convenience of the 24-hour UnionPay Concierge service for shopping and dining, as well as medical and travel assistance. Simply contact the Concierge hotline at +65 6336 4506.

 

· Contactless payment with UnionPay QuickPass

Enjoy a quicker and more convenient way to pay - Simply tap and go with your DBS UnionPay Platinum Debit Card at participating QuickPass merchants island wide like Doutor Coffee, Hockhua Tonics, SaladStop! among others.

 

· VIP service for Chinese Visa Application in Singapore

UnionPay Cardholders in Singapore who wish to apply for a Chinese visa can enjoy an exclusive VIP visa application service at the Chinese Visa Application Service Center at 80 Robinsons Road in Singapore. The Chinese Visa Application Service Centre has a dedicated VIP counter with expedited queue for UnionPay Cardholders (UnionPay cards starting with 62).

 

“The continuously-deepening cooperation between UnionPay and DBS epitomizes the close economic ties between China and Singapore. This cooperation in card issuance marks a significant breakthrough in UnionPay’s localization in Singapore. It will offer the local residents a new payment option, and will be a model for other Southeast Asian institutions’ large-scale issuance of UnionPay cards. Based on the features of various Southeast Asian markets, we will continue promoting localization in the region through diversified measures, to support bilateral cooperation and personnel exchange.” said Ge Huayong, Chairman of China UnionPay. 

 

To date, almost all the ATMs and over 80 percent of the merchants in Singapore already accept UnionPay cards.

 

With some six million cards in circulation, DBS is the largest card issuer in the country and offers a variety of cards which are consistently ranked as Singapore’s favourites. 

 

Said Peter Seah, Chairman of DBS Group Holdings & DBS Bank, “We are delighted to partner UnionPay International to be the first Singapore bank to introduce a new debit card designed for frequent travellers to China. The DBS UnionPay Platinum Debit Card marks the beginning of an important collaboration with UnionPay International, leveraging both the capabilities and coverage of the largest bank in Singapore and China’s most widely accepted interbank network.  We believe our customers will appreciate the seamless experience of paying with their DBS debit card overseas while enjoying all the rewards and benefits that come with UnionPay International’s wide acceptance.”

 

The DBS UnionPay Platinum Debit Card is available for sign up from 3 June 2016. 

 

 

About UnionPay International

UnionPay International (UPI) focuses on supporting the growth of UnionPay's global payments business. UnionPay's acceptance footprint has expanded to 157 countries and regions, covering more than 34 million merchants and over two million ATMs worldwide. With more than 5.4 billion UnionPay cards issued in over 40 countries and regions, UnionPay serves the world's largest cardholder base by providing quality, cost effective and secure payment services, and ensuring convenient local services to a growing number of merchants. In Southeast Asia, UPI has enabled ATM, POS acceptance and card issuance across all 10 countries.

 

For more information about UPI, visit www.unionpayintl.com, follow "UnionPay International" on Facebook, Sina Weibo or WeChat, or download its official mobile application by searching for "UnionPay International" on Apple's App Store or Google's Play Store.

.

 

About DBS

DBS - Living, Breathing Asia

DBS is a leading financial services group in Asia, with over 280 branches across 18 markets. Headquartered and listed in Singapore, DBS has a growing presence in the three key Asian axes of growth: Greater China, Southeast Asia and South Asia. The bank's capital position, as well as "AA-" and "Aa1" credit ratings, is among the highest in Asia-Pacific. DBS has been recognised for its leadership in the region, having been named “Asia’s Best Bank” by The Banker, a member of the Financial Times group, and “Best Bank in Asia-Pacific” by Global Finance. The bank has also been named “Safest Bank in Asia” by Global Finance for seven consecutive years from 2009 to 2015.

 

DBS provides a full range of services in consumer, SME and corporate banking activities across Asia. As a bank born and bred in Asia, DBS understands the intricacies of doing business in the region’s most dynamic markets. The bank is also at the forefront of leveraging digital technology to shape the future of banking. DBS is committed to building lasting relationships with customers, and positively impacting communities through supporting social enterprises, as it banks the Asian way. It has also established a SGD 50 million foundation to strengthen its corporate social responsibility efforts in Singapore and across Asia. 

 

With its extensive network of operations in Asia and emphasis on engaging and empowering its staff, DBS presents exciting career opportunities. The bank acknowledges the passion, commitment and can-do spirit in all of our 22,000 staff, representing over 40 nationalities. For more information, please visit www.dbs.com

 

 

Media Contacts:

 

Alvin Chia
UnionPay International, Southeast Asia 
chiayaoqing@unionpayintl.com
+65-6329-1116

 

Jamie Foo

IN.FOM (Partner PR agency for UnionPay International) 

jamie@infom.asia

+65-9790-6107

 

Roy Chew

DBS Group Strategic Marketing & Communications

roychew@dbs.com

+65 6878-5544

 

Tay Sze Lynn

DBS Group Strategic Marketing & Communications

szelynn@dbs.com

+65-8322-7180

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