China UnionPay chose AT&T as its networking services provider during this challenging expansion phase due to AT&T's unrivalled global network and experience in supporting global companies with complex networking requirements. The cooperation between CUP and AT&T will provide CUP cardholders with safe and secure payment services when they are abroad.
About China UnionPay
China UnionPay Co., Ltd, approved by the State Council and licensed by the People's Bank of China, is a shareholding financial service institution established through capital contributions by more than 80 domestic financial institutions. The Shanghai-based China UnionPay ("CUP") was officially incorporated on March 26, 2002. To date, CUP has altogether 18 branches and 166 members, among which 23 are overseas financial institutions. Major subsidiaries under CUP include CUP Merchant Services, CUP Data, ChinaPay e- Payment, China Financial Certification Authority, etc.
CUP is committed both at home and abroad to improving the bankcard acceptance environment. It has achieved the goal of nationwide bankcards interoperability and launched successively the CUP card acceptance in Hong Kong, Macao in 2004, and Singapore, Korea and Thailand in early 2005. CUP will continue to develop the overseas acceptance network to realize the vision of "touring the world with a CUP card" and build the CUP brand into an international payment brand. Additional information may be found at: http://www.chinaunionpay.com/englishversion
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