First Finance International Bank Inc. Expands Global Reach as Senior Member of UnionPay International

SAN JUAN, PUERTO RICO / ACCESSWIRE / December 3, 2020 / First Finance International Bank Inc. (FFIBI) announces its primary membership in UnionPay International as the first issuer to locate in Puerto Rico.

FFIBI is an International Financial Entity (EFI) that has been, since its inception, at the forefront of providing unparalleled high quality digital financial services to its international clients. Through this partnership, FFIBI customers will access UnionPay’s wide range of services and benefits through their prepaid and debit cards, as well as payment acceptance in 179 countries.

“At First Finance International Bank, we are delighted with this agreement with UnionPay International and the beneficial impact it will create for our clients”, said Michel Poignant, CEO of FFIBI. “This partnership will give our customers access to a vast acceptance network when they shop locally or across borders. It will also allow First Finance International Bank to expand its presence where UnionPay Payment is accepted.

The core business of First Finance International Bank is the sending of funds and international cross-border payments involving currency exchange. Becoming an issuer of UnionPay International and being able to offer a multi-currency card is, for FFIBI, a major additional advantage to the services offered to its customers.

“UnionPay has attached great importance to the expansion of card issuance business in the Caribbean region and has achieved inroads in many countries and regions in recent years. The collaboration with FFIB Bank in Puerto Rico will be of great value. of great importance for the development of UnionPay’s regional activities, “ said Ping Wang, Latin America branch manager of UnionPay International.

About First Finance International Bank Inc .:
The FFIBI was approved on May 16, 2017 as an International Financial Entity (IFE) under the aegis of the Office of the Commissioner of Financial Institutions of Puerto Rico (OCIF). FFIBI is the first NeoBank registered in Puerto Rico to offer digital-only banking services to international customers. Press contact: Deborah Accos – [email protected]

About UnionPay International:
UnionPay International was established in 2012 and is now the leader in the global systems market with approximately 8 billion cards worldwide. UPI is accepted in more than 179 countries and issued in 62 countries and regions outside of mainland China. UnionPay International pursues a steady growth of its global footprint and growing strategic partnerships.

Media contact: Ping Wang – [email protected]

THE SOURCE: International Bank First Finance

See the source version on accesswire.com:
https://www.accesswire.com/619454/First-Finance-International-Bank-Inc-Expands-Global-Reach-as-a-Principal-Member-of-UnionPay-International


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