UnionPay

China’s global card network connecting merchants worldwide to Chinese consumers

Overview

UnionPay, also known as China UnionPay (CUP), is the national payment network of China and one of the largest card schemes in the world. Founded in 2002 and headquartered in Shanghai, UnionPay provides a full suite of payment solutions, including credit, debit, and prepaid cards, mobile payments, and cross-border e-commerce support.

UnionPay serves more than 9 billion cards globally, with acceptance in over 180 countries and regions. Its growing international footprint allows global merchants to accept payments from Chinese tourists, students, and consumers shopping online

Key Services / Solutions

UnionPay offers both domestic and international payment solutions, including:

Card issuing and acquiring for credit, debit, and prepaid cards

Mobile and QR-based payments through UnionPay app and partner wallets

Cross-border e-commerce solutions for merchants serving Chinese consumers

B2B and remittance services for cross-border business transactions

Fraud and risk management services aligned with Chinese regulatory standards

Supported Payment Methods

UnionPay supports a diverse range of transaction methods across:

UnionPay credit, debit, and prepaid cards

QR-based mobile payments via UnionPay QuickPass

Integration with major mobile wallets such as Huawei Pay, Samsung Pay, and Apple Pay

E-commerce plug-ins for major payment gateways and platforms

Target Markets / Regions

UnionPay has strong dominance in China and extensive expansion across Asia-Pacific, Europe, the Middle East, and Latin America. It partners with major banks, acquirers, and PSPs to enable global acceptance

Strengths / Differentiators

Unmatched reach within China and across the Chinese consumer base abroad

Integrated card and QR payment ecosystem supporting omnichannel commerce

Strong partnerships with banks, PSPs, and fintechs worldwide

Growing cross-border e-commerce focus supporting global merchant expansion

Government-backed stability and compliance within Chinese financial regulation

Want to know more about UnionPay?
Contact Bizz2Pay today to discuss your requirements or get introduced to the right UnionPay team member or Payment Provider accepting UnionPay