Company Information

Get to know China UnionPay Merchant Services

Established in December 2002, UnionPay Merchant Services Co., Ltd. (UMS) is a major non-bank payment institution in China, primarily controlled by China UnionPay. It was one of the first companies to receive the "Payment Business License" from the People's Bank of China (PBOC). The company's core business is providing comprehensive, integrated payment services for a vast network of merchants across various industries. Its services include POS terminal installation and acquiring, online payment gateways, QR code payments, and other value-added services, facilitating acceptance of bank cards and various mobile payment methods.

Industry

Financial PSP GatewayPRIMARY
Financial Banking
Financial Other Service

Contact

Social

THIS SERVICE IS NOT AVAILABLE IN YOUR REGION

China UnionPay Merchant Services

China

Founded in

Dec 2002 (23 Years)

Founded

Last online: No recent activity

Claim company Visit website

TrustScore unavailableNot enough score to display the trend.

Be the first to rate and review this company.

OVERALL SCORE

Others

--/10

Reviews

--/90

0 reviews

Provided by TrustFinance

TrustScore unavailableNot enough score to display the trend.

Be the first to rate and review this company.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.

Regulated

Recommended

IUX

(2,283 reviews)

Mauritius

2015

(10 years)

Security Information :

FSCA

FSC

ASIC

Security Information

Warning

This company is currently Unproved.

Please be cautious of the potential risks!

License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.