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UnionPay

UnionPay (Chinese: 银联, pinyin Yínlián, CUP), Yinlian is an international payment system established in 2002. It was initiated by the State Council and the People’s Bank of China. Its shareholders are more than 200 financial institutions.

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WeChat Pay

WeChat Pay is a payment system based on the WeChat messenger of the same name, owned by the Chinese company Tencent. WeChat Pay allows users to pay for goods and services using their mobile phones. To pay, all you need to do is scan a merchant’s QR code or provide your own QR code.

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Alipay

Alipay is an electronic payment system developed and operated by Ant Group, a subsidiary of Alibaba Group. It is the largest payment system in China, with more than 1.2 billion active users as of 2023.

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