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Cim Finance partners with UnionPay International

17.07.2014

Cim Finance has launched the Cim UnionPay Classic, Gold and Business Credit Cards, thus becoming the first to issue UnionPay Credit Cards in Africa. The aim of this new development is to enable Mauritian tourists to explore and enjoy China in a way that suits them best, and for Mauritian entrepreneurs to have improved financial access into the fastest growing consumer market in the world. Paul Leech, Chief Executive Officer of Cim Group, and Larry Wang, Chief Business Development Officer of UnionPay International, unveiled the cards during a press conference at Le Labourdonnais Hotel, Port-Louis.

"The partnership between Cim Finance and UnionPay began in 2012 and today, we wish to build on this momentum on the issuing side by expanding the business further with a new offering," said Paul Leech, Chief Executive Officer of Cim Group.

The launch of the Cim UnionPay Classic, Cim UnionPay Gold and Cim UnionPay Business Credit Cards comes at an opportune time with the growing number of UnionPay cardholders travelling between China and Mauritius.

This collaboration will strengthen Mauritius as a business hub and essential link for Sino-African economic and trade communications.

Larry Wang, Chief Business Development Officer of UnionPay International, also expressed his satisfaction after the launch of the three credit cards.

The three new credit cards come with multiple advantages, such as no annual fee for the first year, up to 45 days interest-free credit and secure payments with Chip and Pin technology.

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