Recently, UnionPay signed a collaboration agreement with Italy Starhotels Group in Milan, agreeing to provide better card use service to UnionPay cardholders in the form of posting UnionPay logo, carrying out card use propaganda and implementing long-term card use privileges. This is another measure of mutual beneficial cooperation between the two parties after realizing UnionPay card acceptance by Starhotels in March 2010.
Italy opened UnionPay card ATM acceptance business in 2006. With the increasingly frequent economic and trade exchanges and personnel exchange between China and Italy, in order to better satisfy the payment demands of UnionPay cardholders in Italy, UnionPay has been continuously strengthening the cooperation with relevant institutions to improve local UnionPay card acceptance environment. In March 2010, UnionPay cooperated with Setefi Company, the largest credit card acquiring institution in Italy, to open Setefi merchant acceptance business, making the acceptance channels of UnionPay card more improved in Italy and further expanding acceptance scope. Up to now, UnionPay card could be used on nearly half of the ATM machines in Italy and at more than 40000 department stores, brand stores, and hotel and catering merchants.
Established in 1980, Starhotels is a first class hotel chain group well known in Italy, with branches distributed in major cities including Milan, Rome, Venice, Florence and abroad. With its excellent hardware facilities and hotel service full of Italian ethnic flavor, Starhotels is deeply favored by global guests.