More Payment Methods

UnionPay

Cards

With more than 9 billion cards issued globally, UnionPay (also known as China UnionPay and its subsidiary, UnionPay International), is the largest card network in the world and one of the most commonly accepted payment methods in mainland China. This card base opens up a huge opportunity for merchants to sell to consumers across more than 78 UnionPay card-issuing countries, outside Mainland China. UnionPay’s global acceptance network has expanded to 180 countries and regions, covering over 63 million merchants and about 2.9 million ATMs. Outside Mainland China, UnionPay is accepted at over 34 million merchants and 1.7 million ATMs.

UnionPay

Features

  • Coverage Area
    Customer
    Majority of 40+ UnionPay-issuing countries excluding sanctioned countries
    Merchant
    Merchants from EU/EEA/CH/UK only
  • Channel
    Online
  • Currency
    Consumer Currency
    AUD, CAD, CNY, EUR, GBP, JPY, MYR, NZD, SGD and others
    Processing Currency
    AUD, CAD, CHF, CNY, EUR, GBP, HKD, JPY, NZD, SGD, USD
    Settlement Currency
    AUD, CAD, CHF, CNY, EUR, GBP, HKD, JPY, NZD, SGD, USD
  • Transaction
    Minimum Limit
    CNY 0.01 (or equivalent for all currencies excluding JPY), JPY min amount = JPY 10.01
    Maximum Limit
    CNY (or equivalent) 300,000
    Payment Timeout
    1 hour
  • Feature
    Scheduled Payment
    no
    One-click Payment
    no
    Refunds
    yes
    Partial Refunds
    yes
    Multiple Partial Refunds
    yes
    Payment Guarantee
    yes
    Refund Risk
    yes

Why ChooseUnionPay？

  • Brands have greater access to mainland Chinese and international consumers with UnionPay card payments: with more than 9 billion cards issued worldwide (Reuters).

    Brands have greater access to mainland Chinese and international consumers with UnionPay card payments: with more than 9 billion cards issued worldwide (Reuters).

  • With 39% of mainland Chinese consumers shopping crossborder (PPRO Almanac), merchants accepting UnionPay QR code payments can open up business growth opportunities in the second-largest economy in the world.

    With 39% of mainland Chinese consumers shopping crossborder (PPRO Almanac), merchants accepting UnionPay QR code payments can open up business growth opportunities in the second-largest economy in the world.

  • The UnionPay mobile app supports QR code payment, is available to residents of China, Hong Kong and Macau and is accepted at 30 million merchants in 45 countries and regions, including over 1.5 million outside mainland China (UnionPay).

    The UnionPay mobile app supports QR code payment, is available to residents of China, Hong Kong and Macau and is accepted at 30 million merchants in 45 countries and regions, including over 1.5 million outside mainland China (UnionPay).

How It Works?

  • At online checkout, the consumer chooses UnionPay as the preferred payment method
    Merchant

    01

    At online checkout, the consumer chooses UnionPay as the preferred payment method

  • The consumer chooses to pay with UnionPay credit/debit card or QR code (requires app)
    Payment Methods

    02

    The consumer chooses to pay with UnionPay credit/debit card or QR code (requires app)

  • The consumer scans the QR code with the app (or with another supported app) and confirms payment
    Payment Methods

    03

    The consumer scans the QR code with the app (or with another supported app) and confirms payment

  • The consumer enters card details, along with the authorization code sent by SMS, and confirms payment
    Payment Methods

    04

    The consumer enters card details, along with the authorization code sent by SMS, and confirms payment

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