Categories
News

TRANSBANK, ZAMIIN-UUD FREE ZONE’S DIRECTOR’S OFFICE AND KKTT LLC SIGNED TRI-PARTY AGREEMENT

On October 10th, 2022, TransBank got into a tri-party agreement with Zamiin-Uud Free Zone’s Director’s Office and KKTT KKC to introduce WeChat Pay inside the Free Zone area of Zamiin-Uud.

The benefit of this partnership will provide opportunity for citizens, companies and organizations to implement the payment system of WeChat Pay with ease and speed.

Parties involved in the agreement plan to expand the operation and work to maintain stable partnership.

In May 2022, TransBank and KKTT LLC successfully introduced the payment system of WeChat Pay.

The operation currently involves the conversion of service centers, restaurants, hotels, and other organizations which are popular among Chinese citizens, to become merchants and ultimately implement the payment system for each partner.

With the help of WeChat Pay’s system infrastructure, we enabled the opportunity to receive payments directly from Chinese citizens.