Currently, there are about 4 billion UnionPay bank cards in the world. Cards of Chinese UnionPay not only work in Russia, but they can be obtained even at Russian banks. Such cards are poorly distributed in the Russian Federation, and residents often confuse the name of the system, calling it simply Union Pay.
History
China UnionPay is one of the youngest payment systems. It was created in the 2002th year. More than 300 organizations took part in its creation. CUP was created with the participation of the Chinese Central Bank. The system does not have a single owner, and the largest shareholder owns only 6% of UnionPay. The system is the only Chinese national payment system and in China it occupies a leading position.
The system originates in the 1989th year, when the Chinese government had the idea to create a single map. Since 1991, active steps have been taken to create a national payment system. It was a response to the international Visa and MasterCard systems. By 2002, the system was established and launched in 7 of the largest cities in China and gradually expanded the system to the whole country.
Initially, it was an internal project that worked only in China. Since 2006, the payment system has entered the international arena. At the moment, it works in 160 countries, which is slightly inferior to its main competitors. Cards not only work outside of China, they can also be obtained in national currency.
By 2017, it is expected that CUP cards will be accepted in 50% of places around the world where they work with bank cards. Already today, cards are accepted in 160 countries. The system covers 70% of all commercial enterprises in Europe that accept cards from customers. By the number of cards, the system already occupies a leading position, issuing more than 4 billion cards. This allowed CUP in 2015 to overtake all competitors in terms of card transactions:
The secret of such success over the short life of the payment system is the large population of China. CUP is in the lead thanks to the Chinese market. Outside of China, CUP loses to Visa and MaasterCard systems. The three major global payment systems account for 89% of the total market.
UnionPay in Russia
The company has been attempting to enter the Russian market since 2007. Only in 2013, the system managed to get into the register of payment systems of the Russian Federation. From this moment begins the history of UnionPay in Russia.
You can use Chinese UnionPay cards or get a UnionPay payment card in Russia. The difference between the cards is that you can use the Chinese card in Russia only for spending money, it cannot be replenished in Russia. There are no problems with replenishing Russian cards.
One of the first banks where you can get a Union Pay card was Lightbank. In addition to it, you can get a CUP card in the following banks:
- Russian Standard Bank
- Gazprombank
- Construction
- MTS Bank
- Rosenergobank
- Eurofinance Mosnarbank
- Promsotsbank
- Russian Agricultural Bank
- Credit Ural Bank
The number of banks in whose ATMs you can use your card is even greater. For example, Uraltransbank and VTB-24 are among them. You can pay by card in more than 60 thousand points across the country. UnionPay cards work stably in the Crimea and are a reliable alternative to MC and Visa if sanctions against Russia are tightened.
The main customers who order UnionPay cards in Russia are people who work with China. Although the system positions itself internationally, the main advantages lie precisely in the Chinese market.
The main office is located in Beijing. In Russia, the company’s office is located in Moscow at the address: Presnenskaya Naberezhnaya, block 10, S. You can contact the company by phone + 7-495-9677920. Other contacts and more detailed information can be found on the official website of the company.
Experts predict that the Russian MIR system and the Chinese UnionPay system may begin issuing joint cards in the near future. This will allow Russian cards to enlist the support of one of the largest players among payment systems. This is important, as it will mitigate the risks associated with a possible increase in sanctions against Russia.
Types of cards
One of the most profitable and convenient banks where you can get a CUP card is Lightbank. This bank is also distinguished by one of the most favorable exchange rates for rubles to yuan. You can fill out an application for a card online, and you will have to come to the office only to pick up a ready-made card. In this bank you can issue 4 types of cards:
| Classic | Gold | Platinum | Diamond | |
|---|---|---|---|---|
| Registration | Is free | Is free | Is free | Is free |
| Registration term | 1-3 days | 1-3 days | 1-3 days | 1-3 days |
| Annual maintenance | 500 RUR | 700 RUR | 3000 RUR | 1500 CNY |
| Cash | 0% | 0% | 0% | 0% |
| Cash withdrawal | 0.5% (min. 150 rubles, 20 CNY or 3 USD) | 0.5% (min. 150 rubles, 20 CNY or 3 USD) | 0.5% (min. 20 CNY) | |
| Max. card payment | 200 000 RUR / 30 000 CNY | 400 000 RUR / 50 000 CNY | 750 000 RUR / 90 000 CNY | 150,000 CNY |
| Max. 1 day withdrawal | 100 000 RUR / 15 000 CNY | 150 000 RUR / 25 000 CNY | 200 000 RUR / 30 000 CNY | 120,000 CNY |
| Daily transaction limit | 20 | 20 | 20 | 100 |
| Weekly transaction limit | 50 | 50 | 50 | 500 |
Please note that issuing a card is free only if you immediately pay for 1 year of service. If you choose the option with a monthly payment, then issuing a card will cost you 250 rubles.
Diamond cards are only issued in RMB. Debit cards, but some banks also open UP credit cards. Such a card can be issued, for example, at Russian Standard Bank, with a rate of 36.0% per annum and a 55-day grace period.
Cash withdrawals are free only at the ATMs of the bank that issued the card. In all other banks, a commission of 0.5% of the withdrawal amount is charged. You can withdraw money at Lightbank ATMs up to 2,000,000 RUR / 200,000 CNY per month. Withdrawal of the amount exceeding the monthly limit from the card is subject to an additional commission of 5%.
When paying by card in terminals that support this type of card, an additional fee is not charged. There is no commission for replenishment of the card, if you replenish at Lightbank or at any bank that is a partner of the Golden Crown system.
Advantages and disadvantages
Visa and MasterCard may leave Russia due to sanctions imposed against our country. UnionPay acts as a counterweight to these systems. It is almost as developed, so the UP payment system is a safety cable for Russia.
UnionPay cards are an ideal choice for those who work with China. The card allows you to convert rubles to yuan directly, bypassing the conversion to euros or dollars. Even if you are just going on a trip to China, then the Union Pay card can pay for itself. Moreover, the cost of a Gold card is significantly lower than a similar card from Visa.
It turns out that UnionPay is perfect
In 2014, the largest financial institution in the Russian Federation - and China's largest payment system - UnionPay - signed a long-term cooperation agreement. This agreement refers to the fact that Sberbank is obliged to issue bank cards - Union Pay Card.
UnionPay cards are involved in more than 6.5 billion people all over the planet. Number of outlets already exceeds 41,000,000, and the number of ATMs stepped over mark of 2,000,000.
UnionPay at Sberbank
More recently, citizens of the Russian Federation had the opportunity to simply apply for a UnionPay card for convenient use outside the country.
But now the horizons have expanded - and consumers can easily cash out funds at ATMs and make payments using the contactless reader that is available on each self-service terminal. This option appeared in order to stimulate tourism in the Russian Federation and tourism business abroad.
Tourists from China can withdraw money from ATMs while traveling in Russia or pay at institutions in the Khorek segment. At the end of 2017 at the beginning of 2018, it is arranging 130,000 trade points throughout the state, where the terms of use are no different from ordinary banks.
Sberbank and Union Pay cooperation
Sberbank today is engaged in the issue of all types of cards with UnionPay and is improving its service both at ATMs and at terminals. UnionPay is not only the largest Chinese banking system, but also the worldwide one.
UnionPay card holders issued in China or any other country can use ATMs and POS-terminals. The financial institution is also working to include the exclusive products of Union Pay International in everyday life.
Today, these cards are gaining popularity among consumers. Their parameters are also highly valued outside the Russian Federation. China is developing relations with Kazakhstan in the economic sphere, so the use of the UnionPay International system is becoming even more relevant.
Servicing at Sberbank with these cards is based on quality and customer loyalty. The issue of cards in Kazakhstan is being examined against the background of close cooperation with Sberbank.
What are the types of UnionPay cards in Sberbank?
To get a card from the Union Pay payment system, you just need to get to the nearest branch of the financial institution.
But the possible options for cards have their own characteristics, so first you need to familiarize yourself with them.
Description of cards presented in the plate below.
| Chinese card options | Description |
|---|---|
| Classic | The withdrawal fee is 1%. For a year for servicing a card, you need to pay 500 rubles more from your wallet. |
| Gold | For a year, a card will cost its owner 700 rubles. But this type of card implies an increase in the limit on both payment and withdrawal - up to 400,000 rubles to pay for acquisitions and up to 150,000 rubles for release of funds. |
| Platinum | A 2-fold increase in limit thresholds, as well as for maintenance, will have to fork out - 3,000 rubles. |
| Diamond | Considered the most acceptable option. Maintenance costs 1,500 rubles. Commission fee is 1%. The limit on payment is 150,000 rubles, and on release - only 120,000 rubles. Up to 100 operations can be completed per day, and a total of 500 per week. |
How to deposit funds to UnionPay card at Sberbank?
In order to make a wire transfer from another account to a UnionPay card, you can register at one of the popular BestChange exchangers. Its popularity is due to the fact that it presents very profitable conversion rates and commission fees for the replenishment procedure.
The transaction is carried out in a few minutes. Funds can be transferred from payment platforms such as Qiwi, Yandex and Bitcoin.
What are the features of UnionPay cards from Sberbank?
A card is always tied to an account, that is, a card is a tool that gives access to your own account. An account is opened in a financial institution, so with which payment system it is associated with you by and large anyway.
In Russia, until recently, only 2 American systems were popular - Mastercard and Visa.Now a Chinese player called UnionPay is entering the market. There is no tangible difference in these systems.
You have the same opportunity to pay for acquisitions and provided services, to withdraw cash more than in 140 countries, have access to banking on any gadget. But why then move to UnionPay? But why:
But it is worth noting that not all financial institutions have joined the work with the Chinese payment system. It follows from this that work with it is not possible at all ATMs and not at all terminals.
What financial institutions in the Russian Federation make it possible to issue a Union Pay card and where to get it?
In Russia, KAP is functioning since 2013. It was then that this payment system was included in the list of payment systems. The list of financial institutions that are ready to issue a debit or credit card Union Pay is constantly updated.
| Financial institution | Description |
|---|---|
| Lightbank | This financial institution issues and services cards both in domestic currency and in RMB. Cards have an increased level of security thanks to a six-digit PIN and a chip. You can apply for a card at any branch and receive it on the day of contact. The withdrawal fee is 0.5% of the amount, but from 150 rubles. A Classic card will cost the client 500 rubles per year. You can release up to 100,000 rubles in 24 hours. A Platinum card will cost 3,000 rubles, and a consumer can withdraw up to 200,000 rubles in 24 hours. The cost of a Diamond card is 15,000 rubles. Allowed the release of up to 1,200,000 rubles. |
| Eurofinance Mosnarbank | The start of issues of UnionPay cards was back in 2008. Now you can contact her at any branch. Classic card is 200 rubles more expensive here. When applying for registration, the client must know. What you need to fill up a card for 1500 rubles. Gold card will cost 1,500 rubles. The card will have to be replenished by 10,000 rubles. The cost of a platinum card is the same as in Lightbank, but only replenishment is required in the amount of 60,000 rubles. The commission fee for cash release at Mosnarbank ATMs is 0.3%, at ATMs of other financial institutions - $ 2.5 (excluding the financial institution and its origin). |
| Gazprombank | This financial institution also deals with Classic debit and credit cards. Gold and Platinum. In all regions of the Russian Federation, you can apply for a UnionPay card. Classic card per year will cost 600 rubles. Gazprombank does not charge for service. Up to 200,000 rubles can be released per day. Gold card will cost 2800 rubles, if there is a policy on it - then 3500 rubles. No service charge. Commission fees at Gazprombank ATMs have not been established. At ATMs of third-party banks - 0.5% + percentage of another financial institution. |
| Baikalbank | Yes, recently this financial institution was exclusively engaged in servicing UnionPay cards, and now it is also engaged in emissions. The conditions of this financial institution can be considered the most favorable. Option - Profitable. Issuing a card costs 260 rubles. For service cash is not charged. The commission fee is 0.4%. Option - Ordinary. The issue is free of charge. For service per year, they charge 300 rubles. Cash is issued without commission. |
| East Bank | This financial institution issues UnionPay debit and credit cards. All details can be found by calling the financial institution information service. |
| MTS Bank | You can apply for a card to any branch of this financial institution. But at the moment, this financial institution has taken a break in the issue of cards. For details, contact the information service. |
| Russian standard | This financial institution is issuing UnionPay Classic type credit cards in domestic currency. Payment for the use of credit funds can be paid immediately in full, or partially. The limit is 450,000 rubles. There is an interest-free period, which is 55 days. For a year, the card will cost 900 rubles. |
| Russian Agricultural Bank | This financial institution entered into an agreement on the issue of cards back in 2015. But so far, everything is under development. |
Many large financial institutions today are considering the possibility of connecting to the Chinese system. Therefore, in the near future we will see cards from these large financial institutions on the market.
Which financial institutions serve UnionPay cards?
If you are already a UnionPay card holder, you can pay for services, transfer funds and deposit funds to the card at the following ATMs of financial institutions listed in the tablet.
The above financial institutions have to service cards. ATMs with the UnionPay badge will suit you for the operation.
| Financial institution | Specifications |
|---|---|
| UBRD | Serves cards issued by third-party financial institutions. |
| Alfa Bank | This financial institution accepts Union Pay cards and provides Internet acquiring services. |
| Primterbank | Cash machines can be released at ATMs of this financial institution. |
| VTB | This financial institution is engaged in the implementation of China UnionPay services distribution program. |
| MDM Bank | Cards are serviced both at ATMs and at terminals. |
| Uralsib | At the moment, there is a connection of all ATMs to this system. |
| Rosenergo | Complete customer service for UnionPay cardholders. You can make transfers, pay utilities, all cash transactions are available. |
| ICD | Cash withdrawal at ATMs and payment of acquisitions through terminals is now free. |
| Interprombank | I made a connection to the UnionPay system relatively recently, it is possible to check the balance. |
| Investtorgbank | Acquiring in this financial institution is available recently. |
In addition to financial institutions, they are involved in servicing cards of the Union Pay network and Euroset.
What payment systems work with UnionPay?
This information is useful to those who are going to use the card to the fullest. Some payment systems have entered into a cooperation agreement with Union Pay.
With the help of Contact you can deposit money on a card, the issue of which was made in China. Kiwi Visa allows transfers to UnionPay registered cards. With WebMoney, difficulties can arise, since you need a special PaySpark card.
Output
In the context of globalization, the appearance of the Chinese UnionPay system in the domestic market is understandable. Her cooperation with has many positive aspects. This cooperation significantly affects life in the country.
For most Russians, a bank card is Visa, MasterCard or Mir. If anyone has heard about Union Pay cards, it is most likely out of the corner of their ear. In this article, we will talk about the Union Pay payment system and its cards, about whether it is worth purchasing them and where you can do it.
About China Union Pay
China Union Pay (CUP) is the national payment system of the People's Republic of China, launched in 2002. CUP cards can be used in most countries of the world, the number of ATMs accepting them exceeds 1 million. The number of Union Pay cards issued and the volume of transactions with them are comparable to those of Visa and MasterCard payment systems. They are achieved mainly due to the domestic turnover. And expanding the geography of services for China Union Pay is primarily a means of supporting and promoting Chinese business abroad.
- In 2007, CUP cards began to be accepted in Russia.
- In 2014, they began to produce Russian banks.
- In 2016, the Chinese CUP agreed to launch the World - Union Pay project.
- And in 2017, the Russian Agricultural Bank began to issue them.
Why do I need Union Pay cards, if I have Visa and Mastercard
According to their capabilities, Union Pay cards are not inferior to the functionality of Visa and Mastercard cards, but they do not surpass it either.
A logical question arises: does it make any sense to acquire them?
There are two reasons why in some cases the design of a CUP card will be justified.
1. These cards are used in most countries of the world, but, unlike Visa and MasterCard, CUP does not fall under American control. After the annexation of Crimea by the United States and other Western countries, sanctions were imposed on Russia, which also affected the financial sector. This led to interruptions in the service of Visa and MasterCard holders issued by some Russian banks.
As a reaction to these events, the NSPK was created in Russia, but you can use the World cards only inside Russia. CUP cards, on the one hand, are widespread in the world, and on the other hand, their use cannot be limited by the US authorities. So for fans of traveling abroad who have suffered from sanctions or are afraid of such a prospect, CUP cards are the most suitable.
2. The Chinese and generally Asian direction continues to be intensively mastered by entrepreneurs, shuttles, migrant workers and tourists. For them, using CUP cards is more reliable and more profitable, since Union Pay is the key payment system in China. When you withdraw cash in RMB or pay for purchases in this currency, you will save on conversion and commissions. We should not forget about Chinese online stores with their huge audience of customers, including from Russia.
Minus Union Pay cards - limited opportunities for use in our country.
Not all ATMs and payment terminals accept them for service. True, given the fact that Russia has turned to China in the peak of the United States and Europe, these opportunities will expand.
What are the CUP cards and where can I get them
Union Pay cards are debit, credit, and prepaid. Classic and premium Gold, Platinum and Diamante cards are offered to customers. Owners of the latter receive support from CUP when traveling abroad, medical assistance, concierge service, access to loyalty programs and other privileges. They are similar to those of holders of premium Visa and MasterCard cards.
CUP cards are issued in Russia by Gazprombank, Russian Agricultural Bank, Promsotsbank, China Construction Bank, Credit Ural Bank and Primorye Bank. In the line of credit and presented products Union Pay categories Classic, Gold and Platinum.
Russian Agricultural Bank offers customers to issue a classic, which combines the capabilities of two payment systems.
To issue or not to issue a Union Pay card is a matter of personal preference. As they say, everyone has their own taste: one loves watermelon, and the other - pig cartilage. CUP cards are shown to individuals who are under US sanctions or are serviced by "sanctioned" banks, as well as tourists and entrepreneurs in the Chinese direction. And admirers of China will be able to feel the breath of the Middle Kingdom, simply holding such a card in their hands.
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In Russia, the most popular are the international payment systems Visa and MasterCard. Citizens of the Russian Federation can pay with these plastic cards domestically and abroad, covering more than two hundred states. Recently, the largest financial institution in the Russian Federation has entered into an agreement with the Chinese national payment system. Sberbank's U nionpay card is gradually being distributed among Russians.
Until 2014, citizens wishing to issue a Union Pay card could only use the product outside of Russia. Now, Sberbank’s self-service devices are equipped with the plastic service function of the Chinese payment system. The owner of UnionPay products can withdraw money, conduct financial transactions through ATMs, terminals.
The program for the introduction of an international card is designed to increase tourist flow and business development. Holders of Chinese products can easily cash out cash through Sberbank ATMs and pay in the services sector.
Partnership UnionPay and Sberbank
The largest bank in the country issues all categories of cards in the Chinese payment system and is actively developing the level of service for products through self-service devices. UnionPay credit cards are owned by more than six billion people, which is more than the number of holders of Visa or MasterCard products. Most plastic users are the Chinese themselves. Currently, cards are accepted for payment in the territory of more than one hundred and thirty states of the predominantly Asian region.
UnionPay credit card issued abroad is fully serviced by Sberbank ATMs. In addition to the main product line, the largest credit and financial institution in the Russian Federation is introducing exclusive UnionPay productsInternational
Types of Union Pay cards
Sberbank provides the opportunity to issue this plastic through any office of a Kazakhstan institution. The issue of banking products is due to close cooperation and the strengthening of ties between Asian states. A financial institution allows you to get any kind of foreign payment system card. Each type contains individual characteristics and features.
UnionPay produces four types of banking products:
- Classic - withdrawing money through self-service devices will cost one percent. Annual card type maintenanceClassic is five hundred rubles. Base plastic has daily cashing restrictions of one hundred thousand, two hundred thousand for payment of goods and services.
- Gold - for a year the card service will cost seven hundred rubles. Gold card limits have been raised to one hundred and fifty thousand for withdrawing money and four hundred thousand for financial transactions.
- Platinum - the annual service price is three thousand. Card withdrawal restrictionsPlatinum and cash transactions increased twice.
- Diamond - includes an annual service fee of one and a half thousand. It is allowed to withdraw a maximum of one hundred and twenty per day, and conduct transactions in the amount of one hundred and fifty thousand rubles. A day fits a hundred financial transactions, a week - five hundred.
The fee for withdrawing cash through ATMs and terminals is the same for all types of cards - 1%.
How to recharge UnionPay card balance in Sber?
To transfer funds to the account of banking products of UnionPay, it is recommended to register on the popular exchanger siteBestChange. A free service issues the most favorable rates for foreign exchange, commission fees. Now a direct exchange between Sberbank andCup not performed, operations occur through transit currency.
The operation to replenish the card balance is made in a matter of minutes. Funds can be transferred through well-known payment platforms: Qiwi, Yandex, WebMoney, Contact, Bitcoin.
Cash withdrawal from UnionPay card
Cashing money from plastic of the Chinese payment system includes a commission fee. Cash withdrawals are possible without additional write-offs if the card is issued by a third-party bank, such as Gazprombank. There are several ways to withdraw funds:
- use self-service devices of Sberbank;
- visit a branch of a banking organization;
- terminals, ATMs of third-party credit organizations.
The list of institutions serving international products is constantly expanding. To understand whether an ATM will issue money, after entering Chinese products, you should study the appearance of the device - it must have the UnionPay logo on it. In addition to financial organizations, cards of this system are serviced by Euroset and MTS.
Nuances of Sberbank UnionPay card
At present, more than a million plastic products of the Chinese payment system have been produced in Russia. To draw up a card, you should first study the features of the product. Significant differences between CUP, Visa and MasterCard not obvious. Three variants of international banking products operate in most countries of the world, allow you to pay for goods and services, manage funds through Internet banking and a smartphone application.
The distinctive features of the UnionPay card still have:
- compared to Visa and MasterCard UnionPay are not under the auspices of the United States;
- financial transactions bring huge profits to the founding state, in this case the United States is left without benefits due to a new competitive representative from Asia;
- base currency is Chinese yuan;
- extended digital pin combination.
Conclusion
The use of the UnionPay card is primarily beneficial for citizens who carry out activities or travel on the territory of China, use the yuan in everyday life, as well as for persons subject to Western sanctions. The number of devices serving plastic is gradually replenishing, but the institutions that produce plastic in Russia are not yet large. Being a rare item, cardCup gaining the trust of Russians, smoothly introducing itself into the financial structure of the country.
MTS-BANK Eurofinance Mosnarbank unionPay payment systemChina Map - China UnionPay
Payment System China UnionPay (CUP) is the national payment system of China, created at the initiative of the State Council and the Central Bank of China. Created in 2002, the system is systematically moving around the world, but UnionPay cards are in high demand in regions with close trade and economic ties with China. Today, China UnionPay brings together about 300 lending institutions in China and beyond. Currently, China UnionPay system has already serviced 4.3 billion cards, which are accepted in more than 140 countries and issued in 30 countries.The logo of the China UnionPay payment system (CUP), which is necessarily present on its cards, looks like this:
Logo of the payment system China UnionPay
According to expert estimates, in 2012, more than 3.5 billion CUP bank cards were in circulation, which were accepted by trade and service networks in more than 50 countries and served at ATMs in more than 79 countries, including Russia. And by the number of issued plastic cards, UnionPay payment system is considered the largest in the world. The number of cards in circulation of the leading payment systems in the world for 2012 is characterized by experts with such approximate data:
- China UnionPay (PRC) - 3.5 billion. PCS.
- VISA (USA) - 2.2 billion pcs.
- Mastercard (USA) - 1.9 billion.
- Diners Club (USA) - 0.107 billion pcs.
- JCB (Japan) - 0.08 billion pcs.
- American Express (USA) - 0.07 billion pcs.
Number of cards in circulation
Share of all issued cards in the world
But in terms of revenue, the payment system of China UnionPay takes so far only 5th place. Revenues for major international payment systems for 2013 look like this:
Revenue in 2013
Payment system China UnionPay (CUP) in the Russian market
China UnionPay bank cards first appeared on the Russian market in 2007. Since that time, UnionPay cardholders could receive cash in ATMs, pay for goods and services, but were unable to replenish card accounts. The cards of this system were mainly in demand and served in the east of Russia. At the first stage, the partners of the Chinese payment system in Russia were such banks: Gazprombank, VTB24, Master Bank, Moscow Bank for Reconstruction and Development (MBRD), Bank of Moscow, OTP Bank, Home Credit Bank, Uniastrum Bank, Ak Bars Bank, and other credit organization. For example, on August 15, 2014, MDM Bank (Novosibirsk) joined the China UnionPay system.
In Russia, you can apply for a China UnionPay card at several banks, these are mainly cards of two combined payment systems:
- Eurofinance Mosnarbank (Moscow) - cards: - “China UnionPay Classic”, “China UnionPay Gold”, “China UnionPay Platinum”;
- MTS-Bank (issued only in the Far Eastern region and Irkutsk region) - UnionPay - Golden Crown card.
- Gazprombank - draws up UnionPayGold and UnionPayClassic cards
- Russian Standard - draws up the Russian Standard Classic cards of the UnionPay payment system
- Orient Express Bank - credit cards Union Pay Instant Issue / Union Pay Classic
- Lightbank - draws up UnionPay-Gold Crown Platinum, UnionPay-Gold Crown Gold, UnionPay-Gold Crown Classic cards.
- Russian Agricultural Bank - a solemn ceremony of launching the issue of UnionPay cards was held (As part of the business program of the St. Petersburg International Economic Forum 2016)
Since September 25, 2013, the China UnionPay (CUP) payment system has been included by the Bank of Russia in the "Register of Payment System Operators" that have the right to operate on the Russian market. The direct operator of the China UnionPay payment system in Russia was a subsidiary of UnionPay LLC. China payment system is registered in the register of operators of the Bank of Russia on September 25, 2014 under No. 0028. The BANK of CHINA (ELOS) JSCB became the settlement center of the payment system (General License of the Central Bank of the Russian Federation No. 2309).
Now Russian banks will be able to issue UnionPay cards together with other systems together with the China UnionPay (CUP) payment system. Negotiations on the introduction of a payment system are conducted with many banks in Russia, including: - Gazprombank, Alfa-Bank, Promsvyazbank, etc.
Appearance of UnionPay Card
The appearance and dimensions of the UnionPay card comply with international standards and requirements. The appearance of the UnionPay card looks like this:
China UnionPay Card
China UnionPay Card
And the appearance of the combined cards issued in Russia look, for example, like this:
Combined Card “Unionpay - Golden Crown” of MTS Bank
Unionpay - Golden Crown MTS
To go to China or other Asian countries on vacation or for shopping, you can not look for the yuan in Russian banks, stand in lines at currency exchange points, buy US dollars and generally take cash with you, it’s more reliable to draw up a card. For this, MTS-Bank OJSC issues convenient UnionPay - Zolotaya Korona cards in the Far Eastern and Irkutsk branches. The integration of the Golden Crown with the service of the China UnionPay payment system opens access to money transfers and payments in 160,000 service points in 180 countries of the world. MTS-Bank issues a card on the chip of which China Union Pay and Golden Crown are combined
The Unionpay - Golden Crown card is:
- convenient form of payment for goods and services in Russia, China and in more than 140 countries of the world;
- safe form of transportation and storage of cash;
- system of discounts when paying for goods and services in shops, restaurants and hotels of China;
- profitable non-cash conversion of rubles to yuan and other currencies directly.
To draw up a Unionpay Gold Crown card, you must:
- contact any office of the Far Eastern and Irkutsk branches of MTS Bank.
- provide the bank with any identification document.
- The procedure for issuing and issuing a card is no more than 15 minutes.
Tariffs on the Unionpay - Golden Crown card are as follows:
- Account Opening - Free
- Account currency - rubles
- Issue (registration) of a card - 50 rubles
- The cost of annual maintenance is 250 rubles
- Card validity period is unlimited
Limits on monetary operations with Unionpay - Zolotaya Korona card:
- The limit on the amount of one transaction is 300,000 rubles
- The daily limit on the amount of all operations (including cash withdrawal) is 600,000 rubles
- The weekly limit on the amount of all operations is 1 000 000 rubles
Credit card of the Bank Russian Standard of UnionPay payment system
Russian Standard Classic
Russian Standard Bank issues Russian Standard Classic credit cards of UnionPay payment system.
This card is a great solution for those planning a trip to China, as a profitable non-cash conversion to RMB is available.
The conditions for issuing a credit card are as follows:
- Card currency - Russian rubles
- Card validity period - 5 years
- Credit limit - up to 450 000 rubles (the size of the limit is determined by the bank)
- The age of the borrower is from 25 to 65 years.
For information: the material used data from Retail Banking Research and RBC.