Is UnionPay a state owned enterprise or a private enterprise? Is UnionPay Business a state owned ent

Updated on Financial 2024-03-18
8 answers
  1. Anonymous users2024-02-06

    Similar to a mobile ****.

  2. Anonymous users2024-02-05

    <> UnionPay Business. It is not a state-owned enterprise, it belongs to other shares****. The company was founded in December 2002 and is headquartered in Shanghai. UnionPay Shangdouda or Wu was one of the first to obtain the payment business license issued by the People's Bank of China.

    It covers bank card acquiring, Internet payment, and prepaid cards.

    Acceptance and other types of payment services. UnionPay Business has always put social responsibility in the first place, and while developing the market, it attaches great importance to the risks of empty business and pays great attention to the safety of citizens and enterprises. While developing the acceptance environment of municipalities directly under the central government and provincial capitals, we should actively improve the bank card acceptance environment of secondary cities, counties, towns and townships, and undertake the social tasks and responsibilities of building a bank card acceptance environment.

  3. Anonymous users2024-02-04

    China UnionPay is a large state-owned enterprise.

    In March 2002, with the consent of ***, the People's Bank of China.

    Approved, on the basis of the merger of 18 bank card information exchange centers, by China Banknote Printing and Minting Corporation, Industrial and Commercial Bank of China, China Agricultural and Potato Cover Bank, Bank of China, China Construction Bank and Bank of Communications.

    and other 85 institutions jointly funded the establishment of China UnionPay Co., Ltd., headquartered in Shanghai, with registered capital.

    100 million yuan. <>China UnionPay Branch

    As of the end of 2021, China UnionPay has a total of 36 branches, 50 overseas branches, and wholly-owned subsidiaries such as UnionPay International and Shanghai Union Bank Venture Capital.

    and UnionPay Commerce.

    UnionPay Data, Beijing UnionPay Gold Card Technology****, CICC Financial Certification Center.

    and other holding subsidiaries. UnionPay's acceptance network has been extended to 180 countries and Lizao regions around the world, with more than 2,500 member institutions at home and abroad.

    The above content refers to: China UnionPay - Enterprise Profile.

  4. Anonymous users2024-02-03

    China UnionPay is a state-owned enterprise.

    Founded in March 2002, China UnionPay is a joint organization of Chinese bank cards approved by the People's Bank of China with the approval of the People's Bank of China, headquartered in Shanghai. As of September 2019, China UnionPay has become the world's largest card issuing organization, issuing nearly 8 billion bank cards.

    The relevance is as follows. With the theme of "Safe Payment, Benefiting People's Livelihood", UnionPay has designed five sections: "Introduction to UnionPay", "UnionPay in Development", "Safe Card Use, Serving the Society", "Assured Payment" and "Cutting-edge Technology".

    Through on-site experience such as online payment and mobile payment, cardholders can understand and accept safe and convenient Internet payment modes; At the same time, through the demonstration of cutting-edge technology, users will experience the secure payment model of the future.

    According to the Ministry of Finance's document Cai Qi (2002) No. 54 "Ministry of Finance's Reply on Issues Concerning the Management of China's UnionPay State-owned Equity", a total of 85 legal entities jointly initiated the establishment of China UnionPay in 2002. The 85 initiators of UnionPay, except for the China Banknote Printing and Minting Corporation, are almost all banks, and the number of shareholders of UnionPay is 87 after two rounds of capital increase and share expansion.

  5. Anonymous users2024-02-02

    China UnionPay is not a state-owned enterprise.

    To judge the nature of an enterprise's ownership, it is necessary to look at its shareholding structure. At the beginning of UnionPay's establishment, the shareholding structure was very clear, but later it became very mysterious after a series of operations.

    At present, the largest shareholder of UnionPay has no name and no surname, only shows as a "shareholder", the type of promoter is "other investors", and the type of license is "legal person of association that does not need to be registered", and its capital contribution is 100 million yuan, accounting for 100 million yuan.

  6. Anonymous users2024-02-01

    Hello dear dear, China UnionPay is a state-owned enterprise, and China UnionPay was established in 2002. China Bank Card, which was jointly approved by *** and the People's Bank of China, is headquartered in Shanghai. As a state-owned enterprise, China UnionPay's main responsibility is to clear transactions between banks, so as to realize the interconnection between commercial banking systems and ensure the use of bank cards across banks, regions and borders.

    At present, China UnionPay's network has spread all over urban and rural areas, and extended to more than 160 countries and regions at home and abroad, and it is currently the largest payment and clearing platform in China. Since UnionPay's main responsibility is transaction clearing and management, coupled with its official background and the "semi-monopoly" nature of the market, UnionPay's internal organizational structure and personnel structure are relatively stable, and there is no need to be like a commercial bank. In order to open up the market, a lot of manpower and material resources have been invested in the layout of offline outlets, and the demand for personnel is limited, and only once or twice a year social and school recruitment is carried out to supplement the necessary personnel.

    UnionPay is a state-owned enterprise, and there are common problems of state-owned enterprises: 1. The system is rigid and the business is relatively simple. If you stay in it for a long time, it is easy to wear off the edges and corners, become old fritters, and mix work into life; 2. The registration is strict, and there is a large gap between the status and treatment of new and old employees; 3. The income is not very high, with more than 100,000 ordinary employees a year, and the middle and senior level is relatively high, but it may reach the same level in foreign companies and private enterprises.

    4. Overtime is commonplace. Everything depends on the will of the leader. It's up to you.

    There is no room for bargaining. 5. Welfare benefits are strictly restricted. After all, it is a state-owned enterprise.

    Hair can be hair.

  7. Anonymous users2024-01-31

    China UnionPay. It is a bank card joint organization jointly initiated and established by more than 80 domestic financial institutions on the basis of merging 18 bank card information exchange centers with the consent of the People's Bank of China and the approval of the People's Bank of China.

    Since the establishment of China UnionPay, in the People's Bank of China.

    Under the leadership of the company, we have successfully completed the historical mission of "networking and generalization" in the industry, and have successfully created the "UnionPay" independent brand, which has played an important role in serving economic and social development, improving people's livelihood, improving the level of financial services, and promoting the construction of China's modern payment system. China UnionPay has formed a strong brand influence and market competitiveness at home and abroad, and has become one of the world's three major bank card brands and one of the most influential domestic brands in the world.

  8. Anonymous users2024-01-30

    UnionPay is a state-owned enterprise.

    China UnionPay is a joint organization of bank cards in China, which realizes the interconnection and resource sharing between commercial banking systems through the UnionPay inter-bank transaction clearing system, and ensures the inter-bank, cross-regional and cross-border use of bank cards. The UnionPay network covers both urban and rural areas in China, and has extended to 150 countries and regions in Asia, Europe, the Americas, Oceania, Africa and other countries and regions (as of January 20, 2015).

    On November 17, 2014, China UnionPay and Apple Inc. jointly announced that with immediate effect, AppStore users who hold UnionPay cards issued in China will be able to use UnionPay card payment services to purchase various application hidden products. Cardholders can enjoy one-click payment after linking their UnionPay card to their AppleID account.

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