Monday, September 7, 2026
  • Login
The Southern African Times
  • Home
  • Southern Africa
  • Business
    • African Start ups
    • African Continental Free Trade Area
  • Technology
    • Lifestyle
      • Health
      • Culture
      • Food and Drink
      • Entertainment
  • Opinion
  • Sports
  • SAT Jobs
    • Events
  • About Us
    • Advertise with Us
    • Contact Us
No Result
View All Result
  • Home
  • Southern Africa
  • Business
    • African Start ups
    • African Continental Free Trade Area
  • Technology
    • Lifestyle
      • Health
      • Culture
      • Food and Drink
      • Entertainment
  • Opinion
  • Sports
  • SAT Jobs
    • Events
  • About Us
    • Advertise with Us
    • Contact Us
No Result
View All Result
The Southern African Times
No Result
View All Result
Home Finance

Standard Bank and UnionPay Unlock Cross-Border E-Commerce Opportunities for Merchants Across Nine African Markets

by SAT Reporter
August 19, 2026
in Finance
0
Standard Bank and UnionPay Unlock Cross-Border E-Commerce Opportunities for Merchants Across Nine African Markets

Standard Bank Group and UnionPay International (UPI) have expanded UnionPay e-commerce acceptance across nine African markets, enabling participating merchants to accept secure online payments from UnionPay cardholders and giving businesses broader access to cross-border consumer demand.

The expanded capability strengthens digital commerce across Africa by helping merchants offer more payment choice, reduce checkout friction and serve international travellers, cross-border shoppers and businesses transacting across multiple markets.

Through the partnership, online merchants in Botswana, Ghana, Kenya, Malawi, Namibia, Tanzania, Uganda, Zambia and Zimbabwe can now offer secure UnionPay e-commerce acceptance, with nearly 900 participating merchants across the continent.

ADVERTISEMENT

Building on the collaboration announced by Standard Bank and UnionPay in 2024, this latest expansion comes as African businesses increasingly seek to serve customers beyond their domestic markets, supported by the continued growth of e-commerce, travel, tourism and regional trade. For merchants, the ability to accept internationally recognised payment methods online can help improve conversion, increase customer reach and support participation in cross-border digital commerce.

UnionPay cards are accepted in 183 countries and regions, including 51 countries in Africa, and are issued in 85 countries and regions globally. UnionPay’s African footprint includes approximately 7 million cards issued across the continent, creating additional opportunities for merchants to reach consumers travelling, trading and transacting across borders.

Supported by Standard Bank’s African presence, the expanded acceptance capability is locally relevant, regionally scalable and connected to international customer flows. Merchants can facilitate e-commerce transactions in local currency, US dollars or both, depending on market requirements.

Beyond expanding access to international payment networks, the partnership also supports the growing flow of trade and commerce across African markets. Leveraging Standard Bank’s African footprint, the solution helps connect merchants to both regional and global customer flows, supporting trade and commerce within Africa and beyond.

“African businesses are increasingly selling beyond their domestic markets and the ability to accept trusted international payment methods is becoming essential to that growth. By enabling UnionPay e-commerce acceptance across nine African markets, Standard Bank is helping merchants reduce payment friction, reach more customers and participate more effectively in cross-border digital commerce. This partnership reflects our commitment to using our African footprint and digital capabilities to unlock practical growth opportunities for businesses across the continent,” says Mr Bill Blackie, Chief Executive for Business and Commercial Banking at Standard Bank Group.

“UnionPay International is committed to expanding the reach and usability of our payment network across Africa. Our collaboration with Standard Bank enables more merchants to accept UnionPay online and gives UnionPay cardholders greater choice and convenience when transacting with African businesses. Together, we are supporting safer, simpler and more connected digital commerce across the region,” says Mr Feng Chen, General Manager at UnionPay International Africa Branch.

The expanded acceptance capability is expected to benefit a broad range of businesses, including hospitality and tourism operators, retailers and e-commerce platforms. By giving customers more ways to pay online and supporting internationally recognised authentication standards, the solution helps merchants improve the checkout experience while strengthening confidence in digital transactions.

 

Tags: africaafrican marketscross-border tradedigital commercedigital paymentse-commerceFinancial ServicesFintechmerchantsonline paymentsregional tradeStandard BanktourismUnionPay
Previous Post

Supply Chain Transparency Is South Africa’s New Trade Currency with the EU

Next Post

Zimbabwe Opens Formal Inquest into Lake Kariba Ferry Disaster as Death Toll Reaches 94

SAT Reporter

Related Posts

Zimbabwe welcomes exit from World Bank fragile economies classification
Finance

Zimbabwe welcomes exit from World Bank fragile economies classification

by SAT Reporter
August 30, 2026
Top 10 African countries with the lowest IMF debt in August 2026
Finance

Top 10 African countries with the lowest IMF debt in August 2026

by SAT Reporter
August 22, 2026
National Bank of Malawi Pledges to Settle Scorchers’ Outstanding Bonuses
Finance

National Bank of Malawi Pledges to Settle Scorchers’ Outstanding Bonuses

by SAT Reporter
August 17, 2026
Standard Bank posts record earnings as Africa drives growth
Finance

Standard Bank posts record earnings as Africa drives growth

by SAT Reporter
August 13, 2026
South Africa Raises R1 Billion Through Inflation Linked Government Bond Auction
Investment

South Africa Raises R1 Billion Through Inflation Linked Government Bond Auction

by SAT Reporter
July 31, 2026
Next Post
Zimbabwe Opens Formal Inquest into Lake Kariba Ferry Disaster as Death Toll Reaches 94

Zimbabwe Opens Formal Inquest into Lake Kariba Ferry Disaster as Death Toll Reaches 94

Browse by Category

  • Africa AI
  • African Continental Free Trade Area
  • African Debt
  • African Start ups
  • Agriculture
  • AI Africa
  • Algeria
  • All News
  • Analysis
  • Angola
  • Arts / Culture
  • Asia
  • Botswana
  • BOTSWANA
  • BREAKING NEWS
  • BRICS
  • Burkina Faso
  • Burundi
  • Business
  • Business
  • Business Wire
  • Cameroon
  • Central Africa
  • Chad
  • China
  • Climate Change
  • Climate Changev
  • Community
  • Congo Republic
  • Conservation
  • Côte d’Ivoire
  • COVID 19
  • CRYPTOCURRENCY
  • Culture
  • Democratic Republic of Congo
  • Diplomacy
  • Eastern Africa
  • Economic Development
  • Economy
  • Education
  • Egypt
  • Elections 2024
  • Energy
  • Entertainment
  • Environment
  • Eritrea
  • Ethiopia
  • Europe
  • Fashion
  • Feature
  • Finance
  • Financial Inclusion
  • Food
  • Food and Drink
  • Foods
  • GABON
  • Ghana
  • Global
  • Global Africa
  • Guinea
  • Health
  • Humanitarian Aid
  • Immigration
  • in Southern Africa
  • International news
  • International Relations
  • Investment
  • Ivory Coast
  • Just In
  • Kenya
  • Lesotho
  • Libya
  • Life Style
  • Lifestyle
  • Literature
  • Malawi
  • Malawi
  • Mali
  • Markets
  • Mauritius
  • Middle East
  • Mining in Africa
  • Morocco
  • Mozambique
  • Namibia
  • Niger
  • niger
  • Nigeria
  • North Africa
  • North-Eastern Africa
  • Obituaries
  • Obituary
  • Opinion
  • PARTNER CONTENT
  • Politics
  • Property
  • Racism
  • Rwanda
  • Rwanda
  • SADC
  • SAT Interviews
  • SAT Investigation
  • SAT Jobs
  • Saudi Arabia
  • Senegal
  • Seychelles
  • Somaliland
  • South Africa
  • South Sudan
  • Sports
  • Startup Africa
  • STOCK EXCHANGE
  • Sudan
  • Sustainability
  • Sustainablity
  • Tanzania
  • Technology
  • Telecommunications
  • The Editorial Board
  • The Power Of She
  • Togo
  • Trade
  • Travel
  • Travel
  • Tunisia
  • Uganda
  • Uncategorized
  • Wealth
  • West Africa
  • World
  • World
  • ZAMBIA
  • Zambia
  • Zimbabwe
  • ZIMBABWE

Browse by Tags

#NewsUpdate #SouthAfrica #SouthernAfricanTimes #TheSouthernAfricanTimes AfCFTA africa African Continental Free Trade Area African development African economies African economy African Union Agriculture Angola Botswana China Climate change critical minerals Cyril Ramaphosa Economic Development economic growth energy transition Ghana governance industrialisation Inflation Infrastructure Infrastructure Development International relations Investment Kenya Mozambique Namibia news Nigeria Regional Integration renewable energy Rwanda SADC South Africa Southern Africa Southern African Times sustainable development Tanzania Zambia Zimbabwe
ADVERTISEMENT

WHO WE ARE

The Southern African Times is a regional bloc digital newspaper that covers Southern African and world news. The paper also gives a nuanced analysis on news and covers a wide range of reporting which include sports, entertainment, foreign affairs, arts and culture.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
  • Home
  • Southern Africa
  • Business
    • African Start ups
    • African Continental Free Trade Area
  • Technology
    • Lifestyle
      • Health
      • Culture
      • Food and Drink
      • Entertainment
  • Opinion
  • Sports
  • SAT Jobs
    • Events
  • About Us
    • Advertise with Us
    • Contact Us