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Unicard introduces high-tech product into the loyalty business - Payunicard

30/11/-0001

Unicard continues to introduce high-tech products into the loyalty business, and through its affiliated company, Payunicard, enters the market of financial technologies and electronic payments.

 

In August 2019, Unicard and Payunicard became regional strategic partners of Visa International. This is the first and unique precedent for a joint partnership with the International Payment Systems of the Georgian Financial Technologies and Universal Loyalty Program.

 

 

Visa attaches great importance to a strategic partnership with Payunicard to development FinTech Ecosystems in Georgia.

 

This is our first FinTech partnership in the Caucasus region, which we hope will play a crucial role in the development of non-cash payments economy of Georgia. Moreover, Payunicard is the first FinTech Company in the whole region to become an associate member of Visa and gain the right to issue its own cards. ”- emphasizes Evgeny Lesnyak, Visa Business Development Director in the CEMEA region.

 

Payunicard is a Unicard sub-brand that (ex Upera), in early 2020, along with an electronic wallet, will offer its loyal customers the first non-bank VISA / Mastercard payment cards. Payunicard will be closely associated with Unicard loyalty and various customer rewards, such as cachback, points, discounts and special offers from Unicard partners.

 

With Payunicard’s loyalty wallet, customers will be able to combine payment and accumulation cards into one space, make payments at any facility and online, transfer or convert money, repay a loan, or pay utility bills, and most importantly, receive rewards for each financial transaction.

 

Loyalty wallet

An electronic wallet that allows you to manage financial transactions, combine payment and accumulation cards into one app or on website.

 

Cards

The first non-bank Visa / Mastercard, with which it is possible to make any financial transaction. Any other card can also be combined into a loyalty wallet.

 

Services

With the help of a loyalty wallet, you can pay utility bills, repay a loan, convert money, transfer money.

 

Loyalty

Using a loyalty wallet includes combining all of your accumulative cards into one space and using any financial transactions in the form of points, discounts or cashbacks.