Podgorica, (MINA-BUSINESS) – Atlas Bank is the first financial company in Montero to have started to accept cards issued by the Chinese card association UnionPay on its ATMs, POS and eCommerce terminals.
Majority owner of Atlas Bank and President of Atlas Group Dusko Knezevic expressed satisfaction with the fact that the bank was a pioneer in the fourth industrial revolution, introducing new technologies to Montenegro and the region.
“We started our cooperation and signed a contract only a year ago, and here we are today officially announcing the first transaction, which has already been tested for a while, and formally welcoming PayPal to Montenegro,” Knezevic said at a press conference.
He said that the bank would be able to accept the clients from whole Europe and region, adding that this offered a great business potential.
China UnionPay system, established in 2002, is the most popular card system in the world, with over 7 billion cards issued, which accounts for nearly 50 percent of the global market.
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