UnionPay

Type: Payment Network

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About UnionPay

Founded	2002
Headquarters	Shanghai, China
Market share	UnionPay is one of the largest payment networks in the world, particularly dominant in China.
Major competitors	Visa Mastercard American Express JCB
Notable partnerships	Collaboration with major banks like ICBC, Bank of China, and China Construction Bank. Partnerships with international payment platforms such as PayPal. Engagement with e-commerce giants like Alibaba and JD.com.
Recent developments	Expansion of services in Europe and North America. Partnerships with fintech companies for digital payment solutions. Launch of UnionPay mobile app for enhanced user experience.
Regulations	UnionPay adheres to local and international financial regulations, collaborating with banks for card issuance.
Security	Unknown
Official website	https://www.unionpayintl.com