UIC Payworld
| UIC Payworld logo | |
| private | |
| ISIN | 🆔 |
| Founded 📆 | January 1983 in Taipei, Taiwan |
| Founder 👔 | Attlee Lo |
Area served 🗺️ | |
Key people | Attlee Lo (Chairman) |
| Products 📟 | Cashless Payment Products, Financial services, Web3 and IoT payments |
| Members | |
Number of employees | |
| 🌐 Website | uicpayworld |
| 📇 Address | |
| 📞 telephone | |
UIC Payworld Inc. (formerly referred to as UIC), named after Uniform Industrial Corp., is a global PayTech and IoT embedded payments company that provides professional product solutions and financial services in the cashless payment industry. The group is headquartered in Taipei, Taiwan, listed on the Taiwan Stock Exchange[1] (code 2482[2]). The company has offices in Fremont, USA and joint partners worldwide to support global business.
History
UIC was founded in Taipei, Taiwan, in 1983 by Mr. Lo, who currently serves as the founder and CEO of the company. In the same year, the company also commenced business in IC packaging and contract manufacturing (CM).
In 1993, to expand its North American business and engage in local affairs, UIC established its USA office as a touch base. In 1998 and 2007, respectively, UIC planned to consolidate its professional payment products, acquiring the payment product divisions of IBM and HHP, and rapidly expanding market access. In 1999, UIC was listed on the Taiwan Stock Exchange.
In 2014, UIC acquired the NERA Taiwan subsidiary to offer payment integration services for banks, currently operating as the UIC service division. To expand its financial services in the market, UIC established its own Payment Gateway, which achieved PCI DSS[3] L1 certification in 2017. Recognizing the growing importance of payment services in the electric vehicles (EVs) and related charging systems ecosystem, in 2020, UIC joined the MIH alliance[4][5] for further application.
For nearly 40 years, UIC has been a trendsetter in payment readers, EMV systems, and is now continuing this trend in NFC and contactless products, financial service solutions, web3, and IoT payments. According to the Nilson Report[6], the international payment industry report, the shipment of UIC POS terminals has been ranked in the top 6 in United States.
Activity
UIC mainly operates on these activities:
- Transaction payment acquisitions
- Merchant services
- Digital banking services
- Solution services with proprietary payment solutions (hardware, software and application)
- Redeem transactions and applications
- Web3 payments and finances services
Payment Gateway Services from Taiwan
UIC establishes a safe and trustworthy service naming a new brand – ACH Taiwan[11], to be a best digital payment services for enterprises, merchants and financial institutions, to meet the next generation requirements. The company creates a convenient, secured and efficient financial and payment service in order to practice the value of future finance business, and satisfy payment experience.
The service brand and its business unit ACH Taiwan, belong to UIC Payworld Inc., has obtained the payment card certification PCI DSS and EMV, meanwhile, the information security ISO 27001, to provide total solution.
External links
References
- ↑ "Taiwan Stock Exchange Corporation". www.twse.com.tw. Retrieved 2023-11-21.
- ↑ https://www.twse.com.tw/pdf/en/2482_en.pdf
- ↑ "PCI Security Standards Council".
- ↑ "MIH Alliance".
- ↑ "UIC joined MIH alliance". 15 January 2021.
- ↑ "Nilson Pos Report | PDF | Master Card | Emv". Scribd. Retrieved 2023-11-22.
- ↑ "Apple Pay".
- ↑ "LINE Pay".
- ↑ "Alipay".
- ↑ "TWQR".
- ↑ "ACH Taiwan".
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