UnionPay
UnionPay is a bank card association based in China. The interbank network works with several other commercial banks throughout China to expand the use of the UnionPay card in both urban and rural areas. Their method of expansion into these areas involve increasing the number of bank card networking merchants, POS terminals, and ATM machines.
UnionPay is also working with other overseas commercial banks to widen the acceptance of its bank card to accommodate the demand of Chinese citizens living abroad.
Payment flow
- The customer enters their credit card number.
- The customer enters all credit card details to complete the payment.
UnionPay
| name | description |
|---|---|
| Countries |  CN,  HK |
| Type | Credit and Debit Cards |
| Processing currencies | USD |
| Supported currencies | Refer to currency codes |
| Payment confirmation time | Instant |
| Payout time frame | NET 30 |
| Chargebacks | No |
| Refunds | Yes |
| Partial refund | No |
| Onboarding required | No |
| Recurring Payments | No |
| Mobile UI | Yes |
| Opens new window | Yes |
| Min Transaction Limit | 0.3 EUR |
Available models:
- Merchant.
Included with your Paymentwall account.
- MOR.