China UnionPay (CUP) began cash withdrawal services for card holders in 95 percent of automatic teller machines in the Maldives, after launching a partnership with the island nation's biggest bank Friday.
Following cooperation between the CUP and the Bank of Maldives, CUP card payment services will expand to 90 percent of point-of-sale (POS) terminals in Maldives.
The move aims to better serve card users as China has become the Maldives' fastest growing tourist source country since 2008, with visitors hitting 40,000 a year, said Cai Jianbo, CUP first executive vice president.
The international network of the CUP reaches 84 countries and regions. CUP launched a card payment service in Brunei on Tuesday.
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