# UnionPay and Cuscal Paymark Discuss Payment Acceptance and Digital Innovation

- Link: https://www.thailand-business-news.com/pr-news/unionpay-and-cuscal-paymark-discuss-payment-acceptance-and-digital-innovation
- Published: 2026-10-29T13:36:00+07:00
- Author: PR Newswire

AUCKLAND, New Zealand, Oct. 29, 2026 /PRNewswire/ — Mr. Dong Junfeng, Chairman of
China UnionPay and UnionPay International, met with Cuscal Paymark, in Auckland 
on 19 October 2026 to discuss expanding UnionPay acceptance in New Zealand and opportunities
for cooperation in digital payments. Mr. Mike Blomfield, Chief Executive Officer
and Julia Nicol, Chief of Staff expressed support UnionPay’s plans and the advancement
of key projects.

Cuscal Paymark is New Zealand’s largest payment switching and network services provider.
The two parties have maintained a partnership since 2012.  To date, several major
banks on its network support UnionPay payments at physical merchants. The company
has also incorporated a number of UnionPay product standards into mandatory terminal
upgrade requirements, providing a foundation for broader acceptance. Looking ahead,
UnionPay will leverage Cuscal Paymark’s local network and transaction processing
capabilities to upgrade online and in-store payment platforms and further improve
UnionPay acceptance services.

Discussions also covered upgrades to support chip transactions on dual-branded cards,
online payment gateway integration, and the joint promotion of SoftPOS solutions
to acquirers. The companies agreed to strengthen technical coordination to maintain
reliable payment processing during and after system upgrades.

Other topics included agentic payments, digital identity, biometric applications,
and payment network connectivity.

Ms. Nicol reaffirmed Cuscal Paymark’s support for UnionPay’s ongoing development
in New Zealand and the advancement of key projects. Both parties agreed to explore
further cooperation in wallet connectivity and digital payments.

UnionPay entered the New Zealand market in 2008. Its acceptance coverage now exceeds
90%, and UnionPay cards are now widely issued by local financial institutions. UnionPay
will continue working with partners to improve payment services, strengthen financial
integration between China and other APEC economies, and advance cross-border payment
cooperation between China and New Zealand and across the broader Asia-Pacific region.

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