jewelry for knitters wholesale Is China UnionPay the only organization that has been recognized to accept RMB card transactions?

jewelry for knitters wholesale

1 thought on “jewelry for knitters wholesale Is China UnionPay the only organization that has been recognized to accept RMB card transactions?”

  1. rainbow jewelry wholesale Yes, China UnionPay is a joint organization of the Bank of China Card. It is at the core and hub status of the bank card industry. It is the key to realizing the interconnection of the bank card system. Relying on the UnionPay cross -bank transaction clearing system (CUPS), China UnionPay formulates and promotes the network access standards for UnionPay cross -bank transaction clearing systems, uniformly uniformly cross -banking technical standards and business specifications, forming a resource sharing and self -discipline mechanism for the bank card industry, thereby Development plays a role in guiding, coordinating, promoting and promoting.nThrough China UnionPay's bank card cross -bank transaction liquidation system, various commercial banks realize interconnection and resource sharing between the systems to ensure that bank cards cross -bank, cross -regional and cross -border use.nThe main responsibility of China UnionPay is to be responsible for building and operating the infrastructure of UnionPay cross -bank transaction clearing system, promote unified bank card standard specifications, and provide cross -bank information exchange, liquidation data processing, risk prevention for commercial banks, special merchants, and cardholders. Bank card basic services, promote the intensive and large -scale development of the bank card industry. At the same time