What does it mean when it says UnionPay on a bank card?

UnionPay is China UnionPay. It was established in March 2002. It is a Chinese bank card association established with the consent of the State Council and the approval of the People's Bank of China. Agricultural Bank of China cards with the UnionPay mark can be used to withdraw money from any ATM with the UnionPay mark.

UnionPay cards refer to bank cards that comply with unified business specifications and technical standards and have the word "UnionPay" printed on them at designated locations. Card numbers usually start with "62". According to the relevant person in charge of the People's Bank of China, bank cards with the "UnionPay" logo must comply with the unified business specifications and technical standards stipulated by the People's Bank of China and be approved by the People's Bank of China.

Extended information:

The characteristics of UnionPay cards are:

First, the red, blue and green "UnionPay" logo is printed on the lower right side of the front of the card.

The second is that there is a holographic laser pattern above the "UnionPay" logo on the credit card.

Third, the signature strip on the back of the credit card has the words "UnionPay" printed in color, and the writing cannot be erased.

On October 18, 2005, UnionPay changed its logo, with the parallel arrangement of bank cards in three different colors of red, blue and green as the background, setting off the white "UnionPay" in English and "UnionPay" in Chinese modeling. Compared with the old logo, UnionPay’s new logo mainly adds the English word “UnionPay” and makes minor adjustments to local elements such as the area and inclination of the three-color blocks.

Baidu Encyclopedia-UnionPay Card