What does bank card UnionPay mean?

What does UnionPay on the bank card mean?

UnionPay is a bank card joint organization in China. Through the inter-bank transaction clearing system of UnionPay, the interconnection and resource sharing between commercial banking systems are realized, and the inter-bank, inter-regional and cross-border use of bank cards is guaranteed. China UnionPay has carried out extensive cooperation with more than 400 institutions at home and abroad, and the number of UnionPay cards issued worldwide has exceeded 3.8 billion. UnionPay network has spread all over China, extending to more than 40 overseas countries and regions such as Asia, Europe, America, Oceania and Africa. 1 17 10/7, China unionpay and apple * * * announced that from now on, App Store users who hold domestic unionpay cards will be able to use unionpay card payment service to purchase various application products. After the cardholder binds the UnionPay card to the Apple ID account, he can enjoy the one-click payment service.

What does it mean to write UnionPay on the bank card?

UnionPay cards are uniformly distributed and managed by China UnionPay, issued in accordance with the business rules and technical standards of UnionPay cards formulated by China UnionPay, and have the logo of UnionPay printed on the card surface. At present, UnionPay cards issued by China UnionPay member institutions mainly start with the' 62' card number, and the card face has the UnionPay logo.

Introduction:

China UnionPay is a joint bank card organization in China. Through the inter-bank transaction clearing system of UnionPay, the interconnection and resource sharing between commercial banking systems can be realized, and the inter-bank, inter-regional and cross-border use of bank cards can be guaranteed. UnionPay network is spread all over China, and has been extended to Europe, America, Oceania, Africa and other 150 countries and regions (as of 20 15, 1.20).

Why are all bank cards UnionPay? What does UnionPay stand for?

Union of banks. Copy as follows: China UnionPay Co., Ltd. is a joint-stock financial service institution established by more than 80 financial institutions in China with the approval of the State Council and the People's Bank of China. The company went public on March 26th, 2002, and its headquarters is in Shanghai. The main duties of China UnionPay are to adopt advanced information technology and modern company management mechanism, establish and operate a national inter-bank information exchange network system, formulate unified business norms and technical standards, realize efficient inter-bank general use and joint business development of bank cards, and promote UnionPay cards throughout the country; Actively improve the acceptance environment, promote the rapid development of China's bank card industry, and achieve the goal of "UnionPay in hand, traveling all over China" and even "traveling all over the world". China UnionPay adheres to the business philosophy of "service, efficiency, standardization and innovation", carries forward the enterprise spirit of "self-improvement and pursuit of Excellence", and strives to build a modern financial service company with advanced technology, efficient management, first-class service and excellent quality to serve banks, cardholders and society. With the strong support from all sides and the unremitting efforts of the company, up to now, 336 county-level cities across the country have realized the networking of bank cards, and in June and September 2004, UnionPay cards were opened in Hong Kong and Macao, showing a rapid growth trend. At the same time, the number and success rate of domestic cross-bank transactions have increased simultaneously. June 5438+February, 2004 10, after three months of successful trial operation, the new system of China unionpay, as a new generation of inter-bank information exchange hub for bank cards, was officially announced to be put into production, and the 955 16 customer service hotline was also opened nationwide.

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What does UnionPay mean?

Unionpay is simply understood as a tool or bridge between the financial systems of major banks, and its main purpose is to facilitate the general public. As long as your card is marked with UnionPay, you can deposit and withdraw money at any cash machine marked with UnionPay in China. Of course, the corresponding service counter can also handle related business. And with this card, you can swipe your card anywhere in China where you can use UnionPay. China Post has also joined the UnionPay system, which can be used to deposit and withdraw money and spend money all over the country.

What is UnionPay?

The full name of China UnionPay is China UnionPay Co., Ltd., which was established on March 26, 2002 and is headquartered in Shanghai. Approved by the People's Bank of China, it is a joint-stock financial institution initiated by more than 80 domestic financial institutions with a registered capital of 65.438+65 billion yuan. The company adopts advanced information technology and modern corporate management mechanism to establish and operate a national inter-bank information exchange network for bank cards, so as to realize the nationwide networking of bank cards, promote the rapid development of the bank card industry in China, and realize the goal of "one card in hand, traveling all over China" and even "traveling all over the world".

"UnionPay" identification card is a bank card with "UnionPay" logo issued by domestic card-issuing financial institutions with the approval of the People's Bank of China. It adopts unified business norms and technical standards and can be used across banks and regions.

What's the number of UnionPay card?

There will be a row of raised numbers on the card.

What is China UnionPay?

General situation of China unionpay

China UnionPay is a joint bank card organization in China approved by the People's Bank of the State Council and the People's Bank of China. It was established in March 2002 and its headquarters is in Shanghai. At present, there are more than 240 member institutions at home and abroad.

As a joint bank card organization in China, China UnionPay is in the core and pivotal position in the bank card industry in China and plays a fundamental role in the development of the bank card industry in China. Through the inter-bank transaction clearing system of UnionPay, banks have realized the interconnection between systems, thus realizing the inter-bank, inter-regional and cross-border use of bank cards. On the basis of building and operating the inter-bank transaction clearing system of UnionPay and realizing the universality of bank card networking, China UnionPay actively cooperates with commercial banks and other industrial parties to promote the unification of UnionPay card standards and norms and build its own brand of bank cards; Promote the development and application of bank cards; Maintain the market order of bank card acceptance and guard against bank card risks.

The establishment of China UnionPay marks the formal formation of a new industrial development system of "jointly formulating rules, jointly promoting business, jointly expanding markets and jointly standardizing order", and marks the beginning of intensive and large-scale development of China's bank card industry and a new stage of comprehensive and rapid development.

Since its establishment, China UnionPay has actively complied with the social and economic development of the country and the people's demand for cards, kept in mind the industrial mission, fulfilled its social responsibilities, fully played the role of bank card organization, and actively joined hands with commercial banks, professional institutions and other relevant parties in the bank card industry to explore the development path of China's characteristic bank card industry. It has effectively safeguarded the national economic and financial security, promoted the extraordinary and leap-forward development of China's bank card industry, and made China rapidly develop into one of the fastest growing and most potential countries in the world.

Thanks to the joint efforts of China UnionPay and commercial banks, the networking of bank cards in China has been deepened, and the UnionPay network has become increasingly popular not only in the eastern region and large and medium-sized cities, but also in the central and western regions, small and medium-sized cities and vast rural areas. By the end of June 2009, the number of online merchants 1.35 million, online POS machines1.65 million, and online ATM machines1.80 million were 9 times, 9.7 times and 4.7 times respectively before the establishment of UnionPay in 2006 and 5438+0. A large-scale bank card acceptance network has been formed in China. With the deepening of networking and the continuous improvement of domestic bank card acceptance environment, the transaction volume of bank cards has shown a rapid and progressive growth. In 2008, the amount of inter-bank transactions of bank cards nationwide reached 4.6 trillion yuan, 50 times that of 200 1 year before the establishment of UnionPay. The proportion of bank card consumption in the total retail sales of social consumer goods rose from 2.7% in 200 1 year to 24.2% in 2008.

In order to meet the growing overseas business, tourism and study needs of China people, and to extend the services of domestic commercial banks overseas through the UnionPay network, China UnionPay actively launched the construction of an international acceptance network. By June 5438+00, 2009, 67 countries and regions abroad had accepted UnionPay cards. At the same time, China UnionPay actively promotes the issuance of UnionPay standard cards overseas, providing payment convenience for overseas people to work, travel and study in China. At present, nearly 50 financial institutions in 8 countries and regions have officially issued UnionPay standard cards in local currency overseas. UnionPay cards are not only recognized by domestic cardholders, but also by cardholders in more and more countries and regions.

In order to meet the needs of China's economic and social development and fulfill the industrial mission and social responsibility entrusted by the state, China UnionPay actively cooperates with commercial banks to build its own brand of bank cards in China-UnionPay Card. In August 2003, China UnionPay officially launched a high-quality, international self-owned brand bank card-UnionPay Card, which has independent intellectual property rights and conforms to unified business norms and technical standards. With the popularization and application of UnionPay cards, the brand of UnionPay cards is becoming more and more famous among Chinese people. According to a survey conducted by A.C. Nielsen, an authoritative international research organization, the awareness of UnionPay brand in China is as high as 96%, and it continues to lead the bank card market in China.

In order to meet the people's increasingly diverse credit card needs, China UnionPay vigorously promotes various innovative payment services based on bank cards. People can not only use bank cards at ATMs and merchants' POS card swiping terminals, but also realize various payments such as public utility payment, air ticket hotel reservation, credit card repayment and self-service transfer through various emerging channels such as the Internet, mobile phones, fixed telephones, self-service terminals and digital TV. With the joint efforts of China UnionPay, commercial banks and other relevant institutions, in order to meet the diversified demand for credit cards of China people, ......

What's the UnionPay number?

Bank card account

The difference between UnionPay card and bank card

Bank cards (UnionPay cards) are divided into credit cards and debit cards, and credit cards are divided into credit cards and quasi-credit cards. Debit card is an ordinary savings card, which belongs to current deposit account and can be used for consumption, ATM deposit and withdrawal, etc. Credit cards can be used for spending, ATM deposits and withdrawals, etc. The biggest advantage is that you can overdraw (with a certain credit limit). Credit card refers to the credit card that the issuing bank gives the cardholder a certain credit limit, and the cardholder can spend first and then repay. Quasi-credit card refers to a credit card in which the cardholder deposits a certain amount of reserve fund according to the requirements of the bank, and when the reserve fund is insufficient to pay, it can be overdrawn within the credit limit stipulated by the issuing bank. Debit cards are divided into transfer cards, special cards and stored value cards according to different functions. Debit cards cannot be overdrawn. The transfer card has the functions of transfer, cash deposit and withdrawal and consumption. Special card is a special-purpose debit card used in a specific area (except for department stores, restaurants and entertainment industries). It has the functions of transferring money and depositing and withdrawing cash. Stored value card is a prepaid wallet debit card in which the bank transfers funds to the card for storage according to the cardholder's requirements, and directly deducts money from the card during the transaction. The following are the differences between the two cards: 1. Credit card is the consumer's first payment (consumer credit product), while debit card is the first deposit before use;

2. Credit cards can be overdrawn, but debit cards cannot be overdrawn;

3. Credit cards have revolving credit lines, while debit cards have no revolving credit lines; (Revolving credit refers to the credit line approved by the bank to the cardholder. The cardholder's credit line can be reused without full repayment, and only the specified minimum repayment amount can maintain a good credit record. )

4. If the credit card holder repays in full before the final repayment date, the shopping consumption will enjoy an interest-free repayment period;

5. Credit card deposits do not bear interest, and debit card deposits are calculated at the savings rate;

6. Credit card belongs to asset business and debit card belongs to liability business;

7. The issuance of credit cards must meet the relevant conditions (such as the situation of the work unit, the evaluation of repayment ability, the review of personal credit records, etc.). ), and debit cards only need ID cards;

8. Credit cards have anti-counterfeiting logo and UnionPay logo, while debit cards only have UnionPay logo.

What other bank cards are there besides UnionPay bank cards?

Bank cards are mainly divided into two types in nature. One is a debit card that deposits first and then consumes, also called a savings card. The other is a credit card, also known as a credit card, which consumes first and then repays. There may be some other signs on various bank cards, such as the common "UnionPay" sign in China, the "VISA" sign and the "mastercard" sign that can be used abroad and so on. In fact, these organizations are all equivalent to UnionPay, but international organizations can use cards (mainly credit cards) with these signs to swipe their cards at overseas checkout counters with the same signs.