“UnionPay International Middle East Branch (UPI) has expanded its acceptance in Saudi Arabia thanks to a cooperation deal with Bank Albilad (BAB), one of the kingdom’s largest shariah-compliant Islamic banks. BAB is UnionPay’s fifth partnership in the country and the first to sign up since 2018, giving UPI customers full access to all BAB’s points of sale (POS), ATMs and online merchants moving forward. Coverage of UnionPay card POS terminals in Saudi Arabia currently stands at around 50% and ATMs at approximately 68%. The new cooperation deal continues to expand acceptance of UnionPay cards in the country, providing services to more local merchants and cardholders.”