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China UnionPay

UnionPay International (“UPI”) is a wholly owned subsidiary of China UnionPay , established in Nov 2012. 

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INTRODUCTION

UPI is a bankcard association established under the approval of the State Council and the People’s Bank of China, and has become a central and pivotal part of China’s bankcard industry. At present, the Shanghai-headquartered UPI has about 400 domestic and overseas associate members, covering 140 countries/regions. 

UPI’s innovations enable its bank customers to offer consumers choices: pay now with debit, ahead of time with prepaid or later with credit products. From the world’s major cities to remote areas without banks, people are increasingly relying on digital currency along with mobile technology to use their money anytime and make purchases online, transfer funds and access basic financial services; all of which make their lives easier and help grow economies. 


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COMPANY DETAILS

UPI is a bankcard association established under the approval of the State Council and the People’s Bank of China, and has become a central and pivotal part of China’s bankcard industry. At present, the Shanghai-headquartered UPI has about 400 domestic and overseas associate members, covering 140 countries/regions. 

UPI’s innovations enable its bank customers to offer consumers choices: pay now with debit, ahead of time with prepaid or later with credit products. From the world’s major cities to remote areas without banks, people are increasingly relying on digital currency along with mobile technology to use their money anytime and make purchases online, transfer funds and access basic financial services; all of which make their lives easier and help grow economies. 

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No. 36 Hanxiao Road, Pudong New District


China

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Latest Company News

Apple Adds UnionPay Payment Option for Chinese App Store Customers

BEIJING | Apple announces that Apple's App Store has added UnionPay as a payment option for customers in China. China UnionPay is the most popular payment card in China and will provide App Store customers with a simple and more convenient way to purchase their favorite apps. Customers can easily link their Apple ID with a UnionPay debit or credit card for one-tap p [...] Read more


Airline Payments Platform Amadeus integrates UnionPay

MADRID - HONG KONG | Amadeus, the global payments platform for airlines, has added UnionPay to its processing platform. UnionPay, the largest card payment scheme in the world with over 4.3 billion cards, is now available for airlines for domestic and outbound Chinese tourism. UnionPay International Many people might mistakenly se [...] Read more


UnionPay outperforms MasterCard and Visa

CALIFORNIA | According to the latest issue of The Nilson Report, the most popular payment method based on purchase volume were UnionPay debit cards, surpassing Visa credit and debit cards. UnionPay, established in 2002, is the national bankcard association in China.    Visa and MasterCard Market Share Dropped When comparing credit card pu [...] Read more


U.S. ecommerce merchants now able to accept China Union Pay debit card

ATLANTA | Acculynk, the first global PIN-debit authentication gateway, is now offering U.S. merchants the capability to accept China Union Pay PIN debit cards on their Chinese websites using the PaySecure International graphical PIN pad for UPOP authentication.   Chinese Online Payment Methods  U.S. e-commerce merchants interested in tapping into the larg [...]


UnionPay to Ramp Up Online Acceptance through Acculynk’s PaySecure

ATLANTA | Acculynk, provider of PaySecure®, the industry standard user-authentication method for e-commerce, and UnionPay International today announced that Acculynk will become a provider of UnionPay’s e-commerce authentication (UPOP) service to US based merchants. UnionPay International is a subsidiary focusing on international business of UnionPay, a global bankcard network with over 3.5 billion [...]


Merchant Turnkey Solution by UnionPay and Discover: 3.2 Billion Payment Cards Reach

SHANGHAI, CHINA - CLEVELAND, OH, CHICAGO | China UnionPay, the leading bankcard association in the world, with over 3.2 billion issued cards, will now give Chinese shoppers with UnionPay cards an option to make online purchases at the websites of participating Discover Merchants while leveraging CardinalCommerce®’s technology neutral platform for a simple integration.   The f [...]


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