UnionPay is an international payment service founded in 2002. UnionPay International is focused on expanding and supporting the UnionPay global business. Currently, UnionPay payments are accepted in 174 countries and regions, with 51 of them issuing UnionPay cards. The Nilson Report says that UnionPay is one of the leading payment systems according to the number of cards issued. UnionPay debit cards are the most popular payment option in the world with credit cards ranking third.
The UnionPay payment acceptance network is continuously growing in Russia. As of now, UnionPay cards are accepted by over 90% POS stations and ATMs. Over one million POS terminals accept UnionPay cards with the QuickPass contactless payment technology. Moreover, over two million UnionPay cards have been issued on the Russian market.