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 financial services corporation headquartered in Shanghai, China. It provides bank card services and a major card scheme in mainland China.
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.
Valid from now till 31 Aug 2022, for all UnionPay Credit, Debit and Prepaid cards (except UOB UnionPay Credit Cards) which are registed on UnionPay U Rewards Platform. Cardholders must charge accumulated spend of at least S$2,000 (in-stores and online) on the registered UnionPay card within 3 months from registration date.
Use UnionPay mobile payment services outside mainland China. With the “UnionPay” app, users can conveniently activate UnionPay mobile QuickPass function and then make tap-and-go payments at over 4.4 million POS terminals in 51 countries and regions outside mainland China (Hong Kong, Macau, Taiwan, Japan, South Korea, Singapore, Canada, Russia, The United Arab Emirates, Greece, etc.).
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As you can see, having a UnionPay card is beneficial and convenient. If you work in China and receive your salary in a local bank account, you’ll be able to use your UnionPay card in most Asian countries and withdraw money from ATMs. On top of that, UnionPay offers a number of other benefits, such as: Discounts and duty-free promotions
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UnionPay International Middle East Branch (UPI) has expanded its acceptance in Saudi Arabia thanks to a cooperation deal with Bank Albilad (BAB), one of the kingdom's largest shariah-compliant ...
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