UnionPay International partners with S2M To Promote Digital Financial Inclusion in Africa.
UnionPay International and S2M jointly announced an ambitious partnership aimed at accelerating digital financial inclusion on the African continent.
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This new achievement will allow S2M to provide UnionPay payment services to its customers with a high level of performance, continuity and security. This partnership will contribute to the expansion of innovative digital payment solutions, bringing added value to the African economy and fostering financial inclusion.
“We are delighted with this new achievement, which strengthens our strategic partnership with UnionPay International. We continue to meet the needs of the African ecosystem, which is in constant search of innovation, flexibility and adaptability to changing consumer behavior ”. Mr. Mohamed Amarti, vice-president, Groupe S2M.
“We are delighted to partner with S2M as a preferred partner for long term investment in Africa,” said Mr. Luping Zhang, Managing Director of UnionPay Africa Region. “We support S2M’s innovative and customer-centric initiatives to foster financial inclusion. Together, we continue to contribute to the global payments ecosystem ”.
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As a leader in the African market for more than 35 years, S2M serves the African payments landscape through its head office in Morocco, its subsidiaries in Tunisia, and a vast network of reliable partners. S2M serves more than 180 establishments on four continents. Its customer-centric digital strategy aims to deliver innovative, accessible, convenient and functional products and services 24 hours a day, 7 days a week. S2M serves the entire payments ecosystem, including financial institutions, telecommunications operators, oil companies, retailers, aggregators, healthcare and e-government players, and money transfer operators with innovative payment solutions. S2M is committed to supporting and strengthening the continent’s national economies through innovation, which enables it to meet the ever-changing demands and expectations of customers in the digital age.
With over 1.6 billion UnionPay cards issued in 70 countries and regions around the world, UnionPay has expanded its network to 180 countries and regions in recent years. At present, UnionPay cards are widely accepted in Africa across all industries, effectively meeting the diverse purchasing needs of UnionPay card holders visiting and living on the continent. More than 10 African countries have issued UnionPay cards, including Kenya, Tanzania, Uganda, Ghana, South Africa, Eswatini, Madagascar and Mauritius. The Nilson Report (Issue 1154) shows that UnionPay ranks first among all card systems in card issuance and transaction volume globally. UnionPay has launched various innovative payment products in Africa in response to global digital transformation and financial inclusion.
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