UNPay in Talks with Dubai Government to Build Cashless City

Dubai Smart City

UNPay, a leading Fintech open platform provider that is dedicated to aggregating mainstream electronic payment modes worldwide, was the only e-payment player from China to be invited and participate in the Dubai Smart City Innovation Conference. Organised by the Shanghai Science and Technology Innovation Office and chaired by Shanghai’s deputy mayor, the Dubai Smart City Innovation Conference, aimed to provide a platform for Chinese companies and delegates to come together to share and exchange experiences on building a smart city.

As the only participant from the payment industry, UNPay, demonstrated its capabilities and presented a proposal to representatives from various Dubai government departments and officials from Smart Dubai Office (SDO) on how it can help the Middle Eastern city to establish an e-payment infrastructure.  The three parties have also reached preliminary agreement on possible collaborations.

The four-day conference saw SDO officials and government delegates, learning about the latest technologies as well as gaining new insights on smart city development in China’s most populous city. Topics to be discussed during the four-day conference included smart city technology, Dubai Expo 2020 security, internet financial security, energy network security, blockchain technology, e-payments and more. As the economic and financial centre of the United Arab Emirates, Dubai, is committed to becoming the global centre for cutting-edge technology and the world’s first blockchain capital. It is also set to host the World Expo in 2020.

“As the only player within the e-payment space in China, we are honoured to have the opportunity to showcase UNPay’s leading technologies at the Dubai Smart City Innovation Conference,” commented Mr Zhang Zhenghua, Founder and CEO of UNPay. “We are committed to building an extensive network of merchants globally, leveraging on our one-stop intelligent aggregation payment platform. We are confident that our platform, coupled with our talents’ industry expertise and experience, will be able to help Dubai in its drive to become a cashless city,” added Mr Zhang.

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Neel Achary is the editor of Business News This Week. He has been covering all the business stories, economy, and corporate stories.