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UnionPay (Chinese : 银联; pinyin : Yínlián), also known as China UnionPay (Chinese : 中国银联; pinyin : Zhōngguó Yínlián) or by its abbreviation, CUP or UPI internationally, is a Chinese state-owned financial services corporation headquartered in Shanghai, China. It provides bank card services and a major card scheme in mainland China.
Jan 28, 2024 · China UnionPay Co. Ltd.—commonly referred to as China UnionPay (CUP) or UnionPay—is a major player in the bank card services industry. Based in Shanghai, the state-owned UnionPay provides a range of financial services, with a focus on card-based payment solutions. Its offerings include various types of cards, including prepaid, commercial ...
UnionPay International (UPI) is a subsidiary of China UnionPay focused on the growth and support of UnionPay's global business. In partnership with more than 2500 institutions worldwide, UnionPay International has enabled card acceptance in 180 countries and regions with issuance in more than 70 countries and regions.
Apr 27, 2022 · Advantages of UnionPay payment method. Accessible to everyone in 200 countries. UnionPay payment services are becoming increasingly accessible and diverse overseas, especially in Europe now. At present, 145 million UnionPay cards have been issued in 62 countries outside of China and 90 UnionPay-powered e-wallets have been implemented.
China UnionPay. China UnionPay is among the largest card payment organizations (debit and credit cards combined) in the world offering mobile and online payments based on total value of payment transactions. It is also the only interbank network in China linking all ATMs of all banks throughout the country, as well as the EFTPOS network.
Dec 18, 2023 · CUP is a payment method from China. Other names of the methods are China UnionPay or UPI (for international payments) or simply UnionPay. It was founded in 20020. Basically, UnionPay is the biggest card scheme in mainland China. So far, there are more than 7 billion UnionPay cards.
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UnionPay Cards Now Supported by over 27 Million Merchants and 1.1 Million ATMs in the Chinese Mainland. Cash withdrawal using UnionPay cards is supported by all ATMs in the Chinese Mainland. The service is available in any bank or 24-hour self-service banking outlet including those at land ports of entry, airports, railway stations etc.
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