What is UnionPay and what is UnionPass?

Under the guidance of the People's Bank of China, UnionPay is a mobile payment app jointly developed, constructed, maintained and operated by China UnionPay and commercial banks, payment institutions and other industry parties.

Extended Information] The UnionPay app has three core functions: receiving and paying, enjoying discounts, and card management, and the UnionPay app, together with UnionPay Mobile QuickPass and UnionPay*** Pay, are the three major mobile payment products of UnionPay.

As a new unified mobile portal jointly created by all parties, the unified app of the banking industry"UnionPay"Bringing together the mobile payment functions and rights and benefits of various institutions, we are committed to becoming a mobile payment butler for consumers to save money and worry. Consumers pass"UnionPay"The app allows you to bind and manage various bank accounts, and use the mobile payment services and preferential rights of each bank. The UnionPay Risk System integrates the cardholder's physical UnionPay card information, mobile device information and other risk rating information to ensure the safety of cardholders during the application and use process.

Based on the networking of mobile devices, UnionPay provides remote management services for UnionPay products that may be risky to protect the rights and interests of cardholders. In terms of security, UnionPay applies security technology, improves business processing rules, introduces mechanisms such as risk compensation and advance payment, and provides 72-hour lost card protection services, which can quickly solve the problem of users' capital losses and protect the legitimate rights and interests of users in the event of individual unexpected risk events.

As a unified app for the banking industry"UnionPay"The App has a powerful inter-bank bank card management service, and the UnionPay App supports the binding of all UnionPay cards in China, and can manage 15 UnionPay cards at one time. Users can complete professional financial services such as card application, inter-bank card transaction management, balance inquiry, bill inquiry, credit card repayment, and bookkeeping in the UnionPay app. With the UnionPay app, you can check the balance information of all bound debit cards in one place.

It supports multiple forms of transfers such as transferring to a bank card, transferring money to an UnionPay app account, scanning a personal payment code for face-to-face transfers, and all forms of transfers are free of handling fees, and red envelopes can be drawn after the transfer. The UnionPay app supports credit card repayment from major banks, and the repayment amount can be automatically filled in when repayment. There is no handling fee for credit card repayments made through the UnionPay app, and the repayment is basically real-time to avoid the risk of overdue.

UnionPay and its member banks have built and released a unified banking app in accordance with the concept of new era, new payment and new experience, and adhere to the principles of unified logo, unified standard and unified experience.

The main functions of UnionPay are:

1. Home page: payment code, collection code, scanning, card management and credit card repayment, etc.

2. Life: red envelopes, coupons, rights, cloud movie tickets, recharge centers, public payment and display coupons and coupons, etc.

3. News: latest news, preferential information, service notices, watchlists, etc.

4. Finance: My assets, transaction records, current account+, financial credit, credit card repayment, transfer, card management, etc.

5. My: Settings, Housekeeper, Bills, Loans, Credit Reports, Rewards, Points, Members, Mini Programs, Selected Services, Win-Win Cooperation, My Customer Service, etc.

The above content is for your reference, in case of business changes, please refer to the latest business rules.

UnionPay is a mobile payment app launched by UnionPay, which can facilitate UnionPay users to make mobile payment activities, first of all, UnionPay users do not need to **different banking apps**, just install a UnionPay app on their mobile phones**, and bind their bank cards to pay after registration.

Application scenarios: buses and subways, catering, supermarket convenience, public payment, self-service vending, campus, canteen, medical and health, traffic fines.