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BC Card, UnionPay partner on digital payment platforms

South Korea-based credit card company BC Card Co. Ltd. signed a cooperation agreement with China's UnionPay International Co. Ltd., Yonhap News Agency reported June 8, citing BC Card.

The agreement will allow the companies to cooperate on digital payment technology deployment and credit card co-marketing between South Korea and China.

The two companies already have a collaboration on credit cards, and the new agreement will expand their partnership to digital platforms such as UnionPay's Mobile QuickPass.