Santander UK, via its merchant acquiring partner Elavon, will from the spring enable its business customers to join the growing European networks of well-known Chinese payment wallet providers, across e-commerce solutions.
Through Elavon, Santander customers will have the option to accept these Chinese payment methods (including UnionPay and other relevant Chinese fintech companies which offer these services) via their own websites from early 2018. Elavon plans to expand this functionality across its POS solutions, which already accept UnionPay, by the end of 2018.