Huawei Partners Aleta Planet and UnionPay to Launch New Virtual Cardby Fintech News Singapore February 17, 2022
Huawei has partnered with Singaporean payments service provider Aleta Planet to enable its users to make digital payments with the new AP-1 / Huawei Pay UnionPay card.
According to Aleta Planet, the AP-1 UnionPay virtual card can be easily added to the Huawei phones and is capable of making contactless and QR payments.
The card allows Huawei users to pay, remit, and collect payments through the UnionPay network.
UnionPay’s Contactless payment is accepted at 29 million merchant point-of-sale terminals in 93 markets. Meanwhile, the UnionPay QR Code payment is accepted at 31 million merchants in 45 countries and regions.
Towards the end of Q2 2022, users will be able to register their AP-1 virtual card directly through their Huawei Pay wallet, making the payment process seamless.
Ryan Gwee, Founder and Group Chairman of Aleta Planet said,
“Aleta Planet and Huawei have been working hard behind the scenes to develop a frictionless experience for Huawei phone users to make cashless payments using AP-1.
Embedding our technology into Huawei phones is just the first step in our collaboration. We plan to continue innovating to create a more seamless customer experience for the more than 730 million Huawei device users worldwide.”
Foo Fang Yong, CEO of Huawei International said,
“We are excited to announce our partnership with Aleta Planet to provide leading-edge technology solutions regulated by Monetary Authority of Singapore, starting with the virtual AP-1 card, exclusive to Huawei phone users.
As an industry leader and business enabler, we look forward to embracing more local innovative partnerships with fintech enterprises like Aleta Planet and strive to deliver the best customer experience for all Huawei users and local business environment,”