Is there an annual fee for China UnionPay Express?

Until February 3, 2024. China UnionPay Express is a mobile payment APP jointly developed, constructed and operated by China UnionPay, commercial banks, payment institutions and other industries, mainly providing users with convenient payment services. Users can bind and manage various bank accounts through the "China UnionPay Express" APP, and use mobile payment services of various banks, including QR code payment, cardless payment, transfer, mobile phone flash payment, boarding code and other mobile payment services, and enjoy various preferential rights. Until February 3, 2024, the platform will not charge users any fees during its use. The fees generated by China UnionPay Express APP mainly come from transaction fees and membership service fees.