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Wednesday May 7, 2008

What is China UnionPay

China UnionPay (中国银联) also known as UnionPay or CUP is the only domestic bankcard assocation in People’s Republic of China (PRC) which was founded in March 2002, with its headquarters in Shanghai. It is also the only interbank network in China (exclude Hong Kong and Macau), linking the ATMs of some major banks as well as smaller banks throughout mainland China.  

UnionPay Members 

  • Industrial and Commercial Bank of China
  • China Construction Bank
  • Industrial Bank
  • Bank of Communications
  • The Rural Credit Cooperatives Union of Shunde
  • China Merchant Bank
  • Shenzen Development Bank
  • Shanghai Pudong Development Bank
  • CITIC Industrial Bank
  • China Minsheng Banking Corporation
  • GuangZhou Commercial Bank
  • Huaxia Bank
  • Guangdong Development Bank
  • China Everbright Bank
  • China Post
  • Bank of China
  • GuangZhou Rural Credit Union
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