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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.
UnionPay (application) The app of UnionPay (Chinese: 云闪付; pinyin: Yúnshǎnfù, lit. 'Cloud QuickPass') is a mobile and online payment service, developed and operated by UnionPay, the national Chinese bank card clearing service. Launched in 2017, [1] it was designed to compete with the existing third-party Chinese mobile payment platforms ...
More than 3.5 billion UnionPay cards have been issued internationally and the UnionPay Travel Prepaid Card is the first UnionPay card to be issued within the United States.
Card reciprocal agreements. In order to expand the acceptance of their credit cards and debit cards, many networks, such as Discover, JCB, UnionPay, BC Card, RuPay and TROY create alliances with other networks.
Familiar payment card association brands include UnionPay, RuPay, American Express, Discover, Diners Club, Troy and JCB. While once card associations, Visa and Mastercard have both become publicly traded companies. [1] [2]
Payment card numbers are composed of 8 to 19 digits, [1] The leading six or eight digits are the issuer identification number (IIN) sometimes referred to as the bank identification number (BIN). [2]: 33 [3] The remaining numbers, except the last digit, are the individual account identification number. The last digit is the Luhn check digit.
Pulse is an interbank electronic funds transfer (EFT) network in the United States. It serves more than 4,400 U.S. financial institutions and includes more than 380,000 ATMs, as well as POS terminals nationwide. Rivals of the network include First Data 's STAR and Fidelity National Information Services's NYCE. It is owned by Discover Financial ...
An interbank network, also known as an ATM consortium or ATM network, is a computer network that enables ATM cards issued by a financial institution that is a member of the network to be used to perform ATM transactions through ATMs that belong to another member of the network.
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