QFPay and United Brands (UBPAY) Form Joint Venture to Redefine the Mobile Payment Landscape Across the UAE

QFPay, the leading global mobile repayment technology and big data solution company from China, today announced a joint venture with United Brands (UBPAY), a Dubai-based Repayment Company (PSP), to redefine the mobile settlement landscape throughout the United Arab Emirates by offering safe mobile payment solutions and remedies to local sellers which target the expanding variety of Chinese and Eastern visitors in the region.

UB QF PAY is the very first joint endeavor of its kind in the UAE and will certainly be using mobile repayment solutions to a variety of retailers in Dubai in December 2017.

According to Dubai Division of Tourism and Business Advertising And Marketing, China is among Leading 5 source markets for site visitors to Dubai in 2017. In 2017, the city expected to bring in over 740,000 guests from China, a 49% rise over the previous year.

" With a rising number of Chinese and Eastern vacationers seeing the city, Dubai is a vital and tactical market for QFPay," stated Patrick Ngan, Founder and President of QFPay. "We are pleased to develop this joint venture with UBPAY which has a considerable partner and vendor network in the UAE and throughout Middle East. We eagerly anticipate offering sellers in the region with safe and secure and reliable mobile settlement options."

Ahmed Alrafi, Managing Director of UBPAY, said, "Forming this joint venture with QFPay is a key milestone for us to maximize the mobile repayment opportunities in the region. We are confident that this partnership will benefit retailers and service providers by enabling them acceptance of multiple pocketbooks from numerous markets in a solitary remedy."