NEWS
Oracle opens retail
Innovation and Technology
Center in Portugal
UnionPay
cardholders can
now ‘tap-and-
go’ at Galeries
Lafayette
Haussmann
in Paris
UnionPay International’s offering is
reaching more of its customers in Europe
U
nionPay International (‘UPI’), a leading
global payment provider, has further
expanded its offering to cardholders with its
‘tap-and-go’ service, UnionPay QuickPass, at
Galeries Lafayette Haussmann store in Paris.
The latest addition takes the total number
of point-of-sale (POS) terminals accepting
UnionPay QuickPass to over 700,000 in
Europe, the majority of which are located in
Italy, Greece and France.
C
ompetition to build retail mindshare
and customer loyalty has never been
fiercer. Brands must continually evolve
their products and deliver a personalised
approach to win the hearts and minds
of customers.
Delivering the technology that helps
them do exactly that, Portugal Country
Leader, Bruno Morais, and Mike Webster,
Senior Vice President and General
Manager Oracle Retail, have unveiled a
new Innovation and Technology Center
in Porto. The centre will focus initially on
delivering breakthrough retail innovations
leveraging the latest technologies,
including Artificial Intelligence (AI) and
Machine Learning (ML).
“Oracle Portugal is delighted to see
Oracle’s Global Retail business unit’s
commitment to and investment in
10
INTELLIGENTCIO
people and technologies in Porto.
Similarly, we are delighted to contribute
to the development of Porto through
the creation of this global technology
and innovation hub,” said Morais. “As
it is true for all Oracle offices, we will
actively foster community support and
get involved in local causes to enrich the
area wherever we can.”
Porto is a vibrant city that delivers a
balance of history and innovation. A
report by CBRE states that Porto ranks
in the top 10 fast pace and growing
technological clusters in the EMEA Tech
Cities: Opportunities in Technology
Hotspots. The technology team, including
many developers, will be dedicated
to creating bespoke integrations and
enhancements to the Oracle Retail
portfolio and reusable assets that deliver
increased value to customers.
The service has been enabled on all
Galeries Lafayette Haussmann POS
terminals. The launch of this service will
bring customers frictionless payment
experience as they can make tap-and-
go payments with QuickPass-enabled
UnionPay chip cards or smartphones.
This innovation, the first on the French
market, was made possible with the
contribution of Crédit Agricole Payment
Services and Crédit Agricole d’Ile-de-
France. Crédit Agricole, Founding Member
of UnionPay International and pioneer
in the acquisition of UnionPay cards
in France, has thus strengthened its
relationship with Galeries Lafayette, one of
the main accepting partners of UnionPay
International in France.
In partnership with more than 2,000
institutions worldwide, UPI has enabled card
acceptance in 177 countries and regions
with issuance in 58 countries and regions.
www.intelligentcio.com