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China UnionPay (CUP)
Headquartered in Shanghai, China UnionPay (CUP) was founded in
March 2002 as a bankcard association approved by the State
Council and People’s Bank of China.
As the central and pivotal part of bankcard industry in China,
CUP underpins the development of Chinese bankcard industry. The
connection and switch between banking systems and inter-bank,
cross-region and cross-border usages of bankcard are realized by
banks in China through the inter-bank transaction settlement
system of CUP.
At present, CUP has made itself a bankcard association with more
than 200 domestic and overseas members. The acceptance network
of CUP cards covers nationwide, and is extended to many
countries and regions in Asia, Europe, America, Africa and
Oceania. The national popularity and international influence of
the independent bankcard brand of CUP are being increased.
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