18 February 2018
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Fime approved by China UnionPay for card debugging and testing

12 February 2015  |  2489 views  |  0 Source: Fime

Advanced secure chip testing provider, FIME has been accredited by China UnionPay (CUP) to perform card debugging and test compliance of contact and contactless payment chip cards to the CUP Card Specification.

"China UnionPay is creating a worldwide platform for open-integrated payment services," said Yanjun Xu - China UnionPay Technology Department General Manager. "With FIME’s status as an internationally recognised and trusted testing provider, our collaborative work is benefiting UnionPay with better services for our partners overseas and providing more convenient testing services for issuing UnionPay cards overseas."

CUP is a leading payment authority that is co-owned by the Chinese banking industry; its cards are accepted in 140 countries worldwide and issued in 30. As part of its expansion CUP joined EMVCo, the EMV® technical body collectively owned by American Express, Discover, JCB, MasterCard, UnionPay and Visa, in 2013. Jason Lai, Business Development Manager at FIME Asia, adds: "In the first instance CUP has approved FIME to confirm compliance of contact and contactless payment cards to its card specification. We are delighted to extend our relationship with CUP and recognise this project as a testament to our expertise. This is just the first step in our collaboration and we look forward to announcing further initiatives in the coming months."

Elaborating on FIME's selection by CUP as the first third party laboratory, Arnaud Peninon, Director at FIME Asia adds: "As CUP looks to grow into new markets, our worldwide footprint is ideally suited to support its needs. Payment brands, technology vendors, manufacturers and other parties rely on our experience to bring products to market quickly, efficiently and cost effectively. Our portfolio of accreditations enables us to offer our customers unrivalled multi-brand certification for products, drawing on our international network, but delivering services in line with local requirements."

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