Is UnionPay widely accepted in China?
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Is UnionPay widely accepted in China?
UnionPay is recognised everywhere in China (which is huge). Beyond its shores, its global presence has become extensive, too. UnionPay is now accepted in 168 countries and regions, covering 51 million merchants and 2.57 million ATMs.
Is UnionPay a visa?
UnionPay cards can be used in 180 countries and regions around the world. Some UnionPay credit cards are also affiliated with American Express (AmEx), MasterCard, or Visa, and they can be used abroad as American Express, MasterCard, or Visa credit cards.
Is UnionPay accepted worldwide?
As many as 55 million merchants worldwide take UnionPay cards. According to a report released by RBR, a well-known British consulting firm, UnionPay is among the most widely accepted card brands in the world.
Where is UnionPay accepted?
It is quite convenient to pay with UnionPay cards at the Macy’s, Apple Stores, Best Buy and airport duty free shops. UnionPay is also accepted at many hotels (such as Hilton, Holiday Inn and Super 8), United Airlines, Hertz, Avis, Mobil and the subways in East Coast cities like New York and Boston.
How many UnionPay cards are there?
150 million UnionPay cards
A total of more than 150 million UnionPay cards have been issued in 67 countries and regions outside Mainland China.
Can I use UnionPay in UK?
In UK, UnionPay cards are accepted at the famous department stores, jewelry and watch stores, brand boutiques, hotels, airport duty-free shops and most merchants in the Bicester Village designer outlet, over 40% of ATMs accept UnionPay cards. Paying with UnionPay credit card at some local merchants requires no PIN.
Can I use my UnionPay card online?
At present, more than 10 million overseas online merchants accept UnionPay Online Payment. UnionPay online payment has the characteristics of convenient, and other characteristics, through multiple security technology and risk monitoring, to ensure the safety of cross-border online payment.
Where can I use my China UnionPay card?
As of 1 November 2007, China UnionPay cards may be accepted where Discover Network Cards are accepted in the United States, Canada, Mexico, Central America, and the Caribbean. As of early 2013, the cross acceptance agreement was expanded to support e-commerce or card-not-present transactions.
Can a UnionPay card be used as an American Express card?
Some UnionPay credit cards are also affiliated with American Express (AmEx), MasterCard, or Visa, and they can be used abroad as American Express, MasterCard, or Visa credit cards. UnionPay debit cards, however, can only be used in the UnionPay network and other networks that have signed contracts with UnionPay.
Is there a cap on UnionPay withdrawals in China?
In 2015, China’s State Administration of Foreign Exchange (SAFE) placed a ¥100,000 annual cap on overseas cash withdrawals from Chinese banks-issued UnionPay accounts. In November 2017, Azoya teamed up with UnionPay to enable consumers in China to profit from the Black Friday online shopping festival via a cross-border marketing platform.
What do you need to know about UnionPay?
UnionPay is China’s first financial-level pre-authorization service for secured transactions. The system allows payment for online shopping at any merchant that accepts UnionPay.